Confirmed: Downtown NFL stadium developer AEG screwed LA out of an NFL team by putting itself up for sale just as its Farmers Field project was getting city approvals. Eric Grubman, the NFL's executive vice president of business ventures, said at a conference yesterday: "No [team] owner, and certainly not the NFL, is going to go in and create something that has tremendous value for someone who's taking the capital and leaving." [LA Biz]
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