Reports claim the NFL is very keen to have a team in LA with the Chargers, Oakland Raiders and St Louis Rams all nominated as top candidates for relocation.
The Chargers have had the ability to terminate their lease at Qualcomm Stadium by February 1 every year since 2007.
But the Chargers reaffirmed a commitment to negotiate for a new stadium deal in San Diego in a statement released on their website.
"Today, the Chargers are making the same announcement that the team has made each year since 2007: The team will not be exercising the lease termination clause and will keep working to find a publicly acceptable way to build a Super Bowl-quality stadium in San Diego," the statement ready.
"Calendar year 2015 will constitute the team's fourteenth year of work on a San Diego stadium solution."
Some reports argue that the Chargers' decision to stay in San Diego means LA will not have a team in 2015.
The point being that Chargers owner Dean Spanos would be unwilling to let another franchise stake a claim on LA ahead of his team.
Since MLB outfit the San Diego Padres left Qualcomm Stadium in 2003, the Chargers have been keen to build a new home in the southern California city but have been unable to find the funding for the $800million project.
Qualcomm Stadium was opened in 1967.
If a deal is not reached in 2015, the Chargers would be required to pay the City of San Diego $17.6million to pack up and leave.
With the franchise and its city at odds over a new stadium, and the NFL's growing desire to place a team in Los Angeles by 2016, the Chargers have been rumoured along with the Raiders and Rams as the most likely suitors for relocation.
All three teams have the ability to get out of their stadium leases after this season without any penalties.