From the Associated Press :

The NFL and city officials have reached a preliminary agreement on terms to bring a team back to the Los Angeles Coliseum, commissioner Paul Tagliabue said Thursday.

But Tagliabue, in a 15-minute session with reporters on the steps of City Hall, didn’t identify a potential tenant or speculate when Los Angeles might get the team.

He also spoke positively about a team playing at a facility proposed for the Angel Stadium parking lot in Anaheim and didn’t rule out the Rose Bowl in Pasadena as a possible home field, either.

As Tagliabue entered a limousine, he was asked if he could assess the significance of what he had just announced. He replied, “I’d rather not try.”

We can rank LA’s potential new teams in the following order :

1) Saints
2) Jaguars
3) Trojans (they know the venue already, very minor uniform changes required)
4) Xtreme (LA’s old XFL franchise already has the fan base, the visual identity and the championship history — this would be no different than bringing the Browns back to Cleveland).