Despite the fact that football is a very lucrative sport, $5.5 billion is a lot of money to spend on a stadium, especially considering that other NFL stadiums were constructed for a far lower price.
What accounts for the high construction costs of SoFi Stadium? It is the largest NFL stadium, for starters, with a floor area of 3.1 million square feet. Along with being longer than a football field (120 yards), it also has the longest video scoreboard in history.
The astonishingly heavy double-sided scoreboard weighs 2.4 million pounds and has 70,000 square feet of digital LEDs on each side!
Given that California has experienced an increase in seismic activity over the previous few years, it was vital to build the stadium to withstand earthquakes. In order to avoid the LAX flight route, it had to be partially underground when it was created, hence it is 100 feet below sea level.
The cost of a sports stadium this size will undoubtedly increase due to these essential infrastructural upgrades, modern facilities, and cutting-edge technology.
What is the most expensive NFL stadium?
The SoFi Stadium in Inglewood, California, which cost $5.5 billion to construct, is the most expensive sports arena ever built. Los Angeles Rams and Los Angeles Chargers both play in SoFi Stadium, which opened in 2020.