State Says L.A. Coliseum Has Breached Lease

The financially troubled Los Angeles Memorial Coliseum Commission has breached its lease contract with the state by failing to pay $500,000 in rent due at the end of the year, the Los Angeles Times reports. The state declaration is the latest sign of fiscal distress for the Coliseum, a taxpayer-owned stadium at risk for running out of money by the end of March.