Rosendahl Defends Due Diligence on NFL Deal

Los Angeles Councilman Bill Rosendahl wants to make sure he does his research before going along with a plan by AEG to bring the NFL to Los Angeles.

"I'm in what I call my homework stage, trying to figure out what this is all about," Rosendahl said Tuesday on "Mason & Ireland" on ESPN radio.

He defended his due diligence, citing deferred taxes as one example of "hidden costs" that can be associated with such projects.

Rosendahl is planning a meeting for June 27 in Mar Vista with a team of 40 experts from multiple council districts to discuss the proposal.

AEG president and CEO Tim Leiweke told the Los Angeles Times earlier this month that the deal to build a downtown stadium could be derailed if the city doesn't provide a memorandum of understanding before the council's summer break.

"We will know by July 31, one way or another," he told the newspaper. "Will we get to the right place? I think so. But I'm OK if we get to July 31 and we don't get a deal done, and we move on, and I didn't spend $45 million of (Philip Anschutz's) money."

The proposed 68,000-seat complex, dubbed Farmers Field, would be located downtown alongside Staples Center and the Los Angeles Convention Center.

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