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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

Go deeper

2 hours ago - World

Biden will move U.S. troops to Eastern Europe "in the near term"

President Biden boards Air Force One at Joint Base Andrews on Jan. 28. Photo: SAUL LOEB/AFP via Getty Images

President Biden said on Friday he plans to move U.S. troops to Eastern European and NATO countries “in the near term.”

Driving the news: “Not too many” U.S. troops, Biden added in remarks to reporters at Joint Base Andrew upon returning from a trip to Pennsylvania. 

Updated 2 hours ago - Energy & Environment

Bomb cyclone prompts blizzard warnings from Virginia to Maine

Computer model projection showing the intense storm off of Cape Cod on Jan 29, 2022, with heavy snow and strong winds lashing the coastline. (Weatherbell.com)

Blizzard warnings are in effect for 11 million people from coastal Virginia to eastern Maine as a potentially historic winter storm is set to slam the Mid-Atlantic and Northeast beginning Friday.

Why it matters: The storm will bring hazards ranging from zero visibility amid hurricane force wind gusts and heavy snow, to coastal flooding that will erode vulnerable beaches and threaten property from the Jersey shore to coastal Massachusetts.

Updated 5 hours ago - Politics & Policy

Swastikas found outside Union Station in D.C.

People walk through Union Station on Jan. 16 in Washington, D.C. Photo: Spencer Platt/Getty Images

Drawings of swastikas appeared etched around the entrance to Union Station in Washington, D.C., on Friday morning.

Driving the news: "An investigation is underway with Amtrak Police and the Metropolitan Police Department after swastikas were reported on the exterior of Washington Union Station on Friday," Amtrak spokesperson Kimberly Woods said in a statement to Axios.