The influential crowd that recently signed a letter urging Mayor Kevin Faulconer to oppose the Chargers’ stadium initiative on the fall ballot gave several familiar reasons, mostly that it was financially risky for the city.
But this one stood out.
“There is no political upside to supporting a tax increase to help pay for a stadium and subsidize a billionaire team owner,” stated the heading of the letter’s final section.
“Along with hurting San Diego, your support of Measure C would hurt you politically,” read the letter, signed by two dozen marquee names of San Diego’s business community, including Qualcomm co-founder Irwin Jacobs.