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Raiders and Chargers propose new stadium and move to Los Angeles

(Thinkstock)

The NFL is one step closer to a Los Angeles return.

The Oakland Raiders and San Diego Chargers are considering a joint plan for a new stadium in the LA area.

Both teams say their current stadiums are out-of-date and need to be replaced.

The proposed stadium in Carson would be privately financed, at a cost of roughly $1.7 billion.

Officials with both teams say they’d prefer to stay in their respective cities, but are exploring all options.

Los Angeles has been without an NFL team since the Raiders and Rams left in 1995.

The Chargers left LA for San Diego in 1960.