Sep 19, 2019 - Sports

SoFi Stadium's $5 billion price tag makes it the NFL's most expensive venue

Kendall Baker, author of Sports

Courtesy: Los Angeles Stadium at Hollywood Park

SoFi Stadium at Hollywood Park, the future home of the Rams and Chargers, will cost roughly $5 billion to build, making it the priciest NFL venue by a mile, per the Wall Street Journal.

The big picture: Hollywood Park will also feature residences, hotels, retail spaces, public parks, a concert venue and office space. Add it all up and the complex could cost $10 billion, making it one of the largest privately financed projects in the country.

  • Private lender SoFi will reportedly pay more than $30 million annually over 20 years to put its name on the stadium — the most ever paid for stadium naming rights.

What's next: In addition to housing the Rams and Chargers, SoFi Stadium is already set to host the Super Bowl in 2022, the College Football Playoff championship in 2023 and the Olympics in 2028.

Go deeper: The skyrocketing cost of NFL stadium naming rights

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Friedman (L) with Netanyahu. Photo: Menahem Kahana/AFP via Getty Images

The U.S. and Israel will announce tomorrow that they are expanding three agreements on scientific cooperation to include Israeli settlements in the West Bank, Israeli and U.S. officials tell me.

Why it matters: This is a substantial policy shift for the U.S., which did not previously allow its taxpayers' money to be spent in the Israeli settlements.

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Axios
Updated 1 hour ago - Politics & Policy

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Illustration: Sarah Grillo/Axios

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McConnell: Confirming Amy Coney Barrett will help GOP retain Senate

Photo: Samuel Corum/Getty Images

Senate Majority Leader Mitch McConnell (R-Ky.) expressed no regrets about Judge Amy Coney Barrett's controversial confirmation, telling Politico in an interview that he believes the decision to place her on the Supreme Court just a week before the election will help Republicans retain the Senate.

Why it matters: With a week to go until Election Day, many Republicans are concerned that President Trump's unpopularity could cost them the Senate. McConnell has long viewed the transformation of the federal judiciary through the confirmation of young conservative judges as his defining legacy.

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