Chargers Staying at Qualcomm For Another Year

The San Diego Chargers will be spending another year in Mission Valley.

The team has decided to stay at Qualcomm Stadium for the 2015 NFL season, according to Mark Fabiani, special counsel to the Chargers' President Dean Spanos.

Since 2007, the Bolts have been eligible to, well, bolt from the property's lease on Feb. 1 each year. The team has opted not to end its lease for 14 years now.

Instead, they will buy more time until a permanent home can be built in the city.

"The team will not be exercising the lease termnation clause and will keep working to find a publicly acceptable way to build a Super-Bowl quality stadium in San Diego," said Fabiani's statement Tuesday.

The decision is a boon for San Diego but a disappointment for Los Angeles, which was hoping to lure in an NFL team as early as the 2015 offseason. The Chargers, St. Louis Rams and Oakland Raiders were among the contenders, NBC Sports reported in October.

San Diego Mayor Kevin Faulconer weigh in on the issue via Twitter, posting "The Chargers belong in San Diego, and I look forward to continuing to work with them in 2015 to ensure the team is here for years to come."

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