• Loading stock data...
Saturday, July 12, 2025

Despite Reputation, Chargers Say Cash Won’t Impact Next Hires

  • The Los Angeles Chargers are looking for a new coach and GM.
  • NFL insiders routinely label the team as one of the league’s cheapest.
Kirby Lee-USA TODAY Sports

The Los Angeles Chargers’ ownership is pushing back on a widely held perception that the club doesn’t have, or at least isn’t willing to spend, the same amount of money on coaches, front office staff, and team facilities as many of its NFL counterparts.

“I want to know where narratives come from,” John Spanos, the Chargers’ president of football operations, said in his first public comments since firing head coach Brandon Staley and general manager Tom Telesco. (Spanos is the son of Chargers controlling owner Dean Spanos.) 

Heading into last offseason, Sean Payton was rumored to be interested in becoming the Chargers’ coach if there was an opening, but insiders such as ESPN’s Adam Schefter doubted Los Angeles would be willing to pay the price required. Payton ended up signing a contract worth roughly $18 million with the Denver Broncos, potentially four to five times more than the $4 million Staley is believed to have been making. 

In January, former Chargers coach Anthony Lynn took a perceived shot at the team while talking about his new role as an assistant coach with the San Francisco 49ers. 

“This organization will do whatever it takes to win,” he said. “Resources out the [ears]. That was different for me compared to what I was going through in L.A. So it’s just like, man, this is what it’s supposed to be like.”

On Monday, John Spanos pushed back against perceptions of his franchise, specifically mentioning a goal top give Chargers quarterback Justin Herbert “all the resources to help him.” Spanos also claimed there have been no internal discussions about a max salary for a new coach and GM. “I’ve never felt any or seen any limitations because of cash or any other reason,” he said.

The Chargers ranked 25th (out of 32) on Forbes’s 2023 list of NFL team valuations, at $4.15 billion. The team pays $1 in rent annually to play at SoFi Stadium after contributing $200 million (from the league’s G4 stadium financing loan program) to construction of the $5 billion venue owned and operated by Los Angeles Rams owner Stan Kroenke, who benefits from the vast majority of that stadium’s revenue.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Bobbleheads are seen at Vintage Indy Sports, Tuesday, April 29, 2025 in Speedway. The local sports memorabilia store opened recently.

Baseball’s Bobbleheads Are the Center of the Collectibles Universe

Baseball’s most important keepsake drives long lines—and big business.
Cobh Ramblers
exclusive

Ireland’s Ramblers Latest Soccer Club to Gain U.S. Owner

The Ramblers play in the League of Ireland First Division.

NCAA: March Madness Expansion to 76 Teams ‘Still Viable’ for 2026

Negotiations continue with media rights holder CBS and TNT Sports.
Jul 10, 2025; Las Vegas, NV, USA; Dallas Mavericks forward Cooper Flagg (32) dunks against the Los Angeles Lakers in the first quarter of their game at Thomas & Mack Center.

Cooper Flagg Makes Mavericks, New Balance Debut in Win Over Bronny

Thursday marked Flagg’s first game donning New Balance shoes.

Featured Today

Rimouski, QC - JUNE 1: Final Game of the 2025 Memorial Cup between the Medicine Hats Tigers and the London Knights on June 1, 2025, at the Colisée Financière Sun Life in Rimouski, Qc.

CHL Is Facing a ‘Pandora’s Box’ of Questions Amid NCAA Talent Departure

As players defect to college, the Canadian Hockey League won’t cede ground.
Jun 28, 2025; Arlington, Texas, USA; Seattle Mariners catcher Cal Raleigh (29) bats during the game between the Texas Rangers and the Seattle Mariners at Globe Life Field.
July 9, 2025

The Torpedo Bat Business Is Still Going Strong: ‘Here to Stay’

Demand for the oddly shaped bats has stayed strong across the sport.
July 6, 2025

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
July 5, 2025

Baseball’s Celebrity Row: Behind MLB’s First-Pitch Ritual

Often planned, sometimes spontaneous, the ritual throw is baseball’s celebrity row.
Alex Rodriguez

Finally in Charge, A-Rod Says Timberwolves Need New Arena

Rodriguez and Lore would like to repair team relations with Kevin Garnett.
July 9, 2025

From Dynasty to Disarray: Red Bull Fires Christian Horner

He served as Red Bull team principal for more than two decades.
Alex Sarr
July 9, 2025

Wizards Pushing Limits of Youth With 11 Players on Rookie Deals

Washington’s 2025 first-round pick is top-eight protected.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
Chelsea
July 8, 2025

Chelsea Club World Cup Run Banks at Least $100M for Mark Walter..

The Blues will likely take home between $100 million and $120 million.
July 8, 2025

Texas Sports Teams, Leagues Donate Over $5M to Flood Relief

NFL, MLB, and NBA teams in Texas donate to flood recovery efforts.
Chelsea
July 8, 2025

Club World Cup Semis Are Battle to Make Richest Soccer Final Ever

Semifinalists have each earned at least $60 million from the tournament so far.
July 7, 2025

Nationals Hit Reset Button, Oust Rizzo and Martinez Before Draft

The MLB club made major leadership changes just days before the draft.