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Sheet1

LA NFL Stadium Financial Scenario
Assumes LA County Agrees To Back Lease Revenue Bonds - stadium revenue pays for bond issue. Total LA Stadium Cost Note: true projected LA Stadium Cost is $1.5 Billion for 76,000 Seat Stadium. This is for 100,000 Seats Stadium Revenues Naming Revenue (Farmers Insurance) Sponsorships (Based on Cowboys Stadium) Mello Roos District Bond Issue (Govt Spending) NFL G3 Loan Meeting Rms / Conv Total Suite Revenue Total Ticket Revenue (30 yr Period) Total Seat Option Revenue (30 yr Period) Total Concessions Rev ($10 per seat expend / game) Concessions Rev To Team (50%) Concessions For Stadium (50%) Seat Option Revenue Designated For Stadium This is the target amount we will declare for bond payment, and ask for NFL to waive from Seat Option Revenues. Given Mello-Roos, we could reduce this by $100 million, but better to have the cost-overrun cushion. The actual bond issue cost is $1.264 billion; we have $36 mil cushion, or $136 mil. Ticket / Seat Option Revenues Ticket Revenue To NFL (34 % - also NFL G3 loan payment) Seat Option Revenue To NFL (asking for NFL waiver) Ticket Revenue To Team (Team keeps 80 %) Ticket Revenue For Stadium (Stadium gets 20%) Stadium Capacity And Ticket Price Average Stadium Capacity Avg Ticket Payments Per Person Life Of Bond Avg Ticket Payments NFL Season Avg Ticket Price Per NFL game Luxury Suites Suites, Number Of Suite Price Per Season NFL Seasons Total Suite Revenue Used For Stadium Const Seat Option Capacity And Estimates Seat Options Number Of Avg Price Per Seat Option / Yr Number Of Years (NFL Seasons) $1,800,000,000.00

$700,000,000.00 $90,000,000.00 $200,000,000.00 $76,000,000.00 $20,000,000.00 $186,000,000.00 $1,800,000,000.00 $500,000,000.00 $240,000,000.00 $120,000,000.00 $120,000,000.00 $500,000,000.00

$612,000,000.00 $0.00 $828,000,000.00 $360,000,000.00

100000 $18,000.00 $600.00 $60.00

300 $310,000.00 2 $186,000,000.00 $93,000,000.00

50000 $5,000.00 2

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000.000.00 $2.000.00 $500.000.000.000.00 $1.363.00 30 $1.00 $0.000.000.200.00 $123.000.000.00 $3.000.159.00 $1.000.000.000.640.Sheet1 Total Seat Option Revenue Net Of NFL Share Net Bond Issue (Note: NFL Teams share of Seat Option Revenue can be waived) Lease Revenue Bond Funds Needed Bond Years Bond Issue Total Cost (30 yrs @ 7 % for Lease Revenue Bond) From Municipal Bond Calculator Total Stadium Revenue Total Stadium Rev For Stadium Construction Total Stadium Cost Total Stadium Operating Cost Total Net Profit $500.000.00 $236.00 Page 2 .800.000.645.000.