Anschutz Entertainment Group will have another six months to try and lure a professional football team to Los Angeles, thanks to a unanimous vote of the L.A. City Council on Tuesday.
The contract between AEG and the City of Los Angeles to renovate part of the Convention Center and build the $1.5 billion Farmers Field stadium was approved in 2012 with much fanfare.
"Our commitment is, we are going to now work harder at getting this done," then-AEG executive Tim Leiweke said the day of the vote. "We’re going to find not only a team, but I believe we’re going to have a chance to get two teams."
But that agreement was set to expire on Saturday with no football team in sight. The L.A. City Council's vote, which took place without discussion, now extends the agreement six months.
To sweeten the extension, AEG will pay $750,000 to commission designs for the expanding convention center.
Last week, L.A. Mayor Eric Garcetti told KNX 1070 he thought it was "highly likely" an NFL team would relocate to L.A. in the next year.
This story has been updated.