Chargers Staying in SD for 2014 Season
The team has chosen not to use its 'out' clause in its Qualcomm Stadium lease
The Chargers are staying in San Diego, at least for one more year.
The Bolts will be sticking around through the 2014 season, according to Mark Fabiani, special counsel to the Chargers’ president.
"The team is continuing to work, as we have for more than a decade, on stadium solutions in San Diego, and we will not be triggering the out clause in our lease in 2014," said a statement Fabiani released Tuesday.
The Chargers have an annual three-month window between Feb. 1 and May 1 to trigger an “out” clause in their Qualcomm Stadium lease, which ends in 2020.
Fabiani’s announcement comes amid concerns over the team’s future.
Meanwhile, while San Diego officials have concentrated their efforts on building a new stadium in the East Village, the Chargers told NBC 7 in January
that they’ll give the Qualcomm site in Mission Valley another serious look. They’ll also seek state development exemptions for those sites to help finance the project.