Proposed Coliseum-USC lease

Staggered by a fin­an­cial scan­dal that un­fol­ded on their watch, the pub­lic of­fi­cials who run the Los Angeles Me­mori­al Coli­seum are pre­par­ing to turn over con­trol of the tax­pay­er-owned sta­di­um to USC un­der a lease that would de­liv­er it in­to private hands for up to 42 years. The Times ob­tained a copy of a con­fid­en­tial draft of the lease agree­ment.

Published: April 4, 2012
Sources: Times reporting

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