The Chargers will be staying in San Diego for at least one more season. The team announced on Friday of their decision to stay in San Diego for the 2016 season.

According to a letter written by Chargers Chairman Dean Spanos,

“Dear Chargers Fans,

Today I decided our team will stay in San Diego for the 2016 season and I hope for the long term in a new stadium.

I have met with Mayor Faulconer and Supervisor Roberts and I look forward to working closely with them and the business community to resolve our stadium dilemma. We have an option and an agreement with the Los Angeles Rams to go to Inglewood in the next year, but my focus is on San Diego.

This has been our home for 55 years, and I want to keep the team here and provide the world-class stadium experience you deserve.

Everyone on both sides of the table in San Diego must now determine the best next steps and how to deploy the additional resources provided by the NFL.

I am committed to looking at this with a fresh perspective and new sense of possibility.”

If you read the statement closely it doesn’t say that the team can’t move to Los Angeles. The NFL voted earlier this month to allow the Chargers to join the Rams in L.A. and the team has until Jan. 15, 2017, to exercise their option to relocate.

The whole thing is a big mess locally. A new stadium in San Diego would cost $1.1 billion. The city and county have pledged $350 million towards the project as long as voters approved it. If it’s approved the relocation deadline gets pushed back in 2018. The NFL will give the Chargers a $100 million grant from the NFL in addition to another $200 million G4 loan for the construction of a new stadium in San Diego. The remainder of the financing would come from the league, the team and PSLs.

Hopefully things get sorted out in San Diego so the team can stay there where it’s been for 56 years. Phillip Rivers has been adamant about wanting to stay in the town and not move to Los Angeles to raise his children. But money talks and if the city and team can’t get on the same page we will see the L.A. Chargers in a year or two.