4.17.2008

Billionaire to bring back an NFL stadium


"Ed Roski has been to the bottom of the Atlantic in a Russian submarine to view the wreckage of the Titanic. He has ridden his mountain bike the entire length of the Burma Road. He has climbed to base camp at Mt. Everest and has paid his deposit to travel commercially into space.

But his latest undertaking is his wildest, most improbable yet.

At a news conference Thursday, Roski will unveil the latest concept for an L.A. stadium. It's a dazzling, asymmetrical venue built into a hillside in the City of Industry, near the southern intersection of the 57 and 60 freeways. His stadium would be the centerpiece of a high-end shopping and entertainment complex, already in the works.

He inherited a fortune in real estate and continued to build on it, now ranking 195th on Forbes magazine's list of 400 richest Americans, with an estimated worth of $2.3 billion. Without Roski and Philip Anschutz, there would be no Staples Center.

The way Roski sees it, he could have shovels in the ground this fall and have a stadium ready to go for the 2011 season. By his thinking, a team could be in L.A. by the 2009 season and could play for two years in the Rose Bowl or Coliseum until its new digs are ready. He would want to own at least part of the team, but says he would be comfortable being a behind-the-scenes shareholder as he is with the Lakers and L.A. Kings."-LAT

Lol gotta love it. . . this is what you do when you have so much money that you cant spend it all in your lifetime. Pretty rad.

Can we maybe put this much "passion" into fixing the transportation system first. . . hmmm just a thought. . .