OT: St. Louis Submits Proposal to Keep Rams

[crisper57]

Jason La Canfora ‏@JasonLaCanfora 13m13 minutes ago

St. Louis Stadium Task Force announces it submitted it's official proposal to the NFL today, a day ahead of the deadline to file...

According to proposal, State and City invest $400M thru "traditional public funding sources to keep the Rams in St. Louis."...

The STL proposals calls for Rams to contribute "no less than $250M to the project, with the NFL investing $300M."

The RSA (stadium authority) would hire Rams or other firm to sell PSLs. RSA and Rams to design/construct stadium in "collaborative way"...

STL proposal calls for Rams to have 30yr lease and "enforceable non-relocation agreement" RSA owns stadium/land w/ Rams paying $1.5M/yr rent

STL proposal also calls for Rams to "accommodate a MLS tenant under a marker rate lease term." total coast of project project to $1.1B

Not sure that Stan Kroenke will like much of this, but we shall see if NFL evaluates the proposal as one that satisfies requirements to stay

 

[Brak]

The key term in there is "PSL". Good luck extracting those ridiculous fees from Rams fans.

ANY new stadium is going to come with this ridiculous fee. The whole concept should be made illegal.

 

[Cardsfanstl]

Great the city, county and state have stepped up to the plate and show the NFL they want an NFL franchise here. Now it is up to Silent Stan and the NFL owners.

 

[crisper57]

The key term in there is "PSL". Good luck extracting those ridiculous fees from Rams fans.

ANY new stadium is going to come with this ridiculous fee. The whole concept should be made illegal.

I don't think the NFL will deem that inappropriate. They may balk at being asked to pony up $300 million though. Greedy ____!!!

 

[crisper57]

Weight this against the Oakland Proposal (crickets) and the San Diego Proposal (we need more time) and St Louis actually may have the upper hand on the NFL in this one.

 

[RON_IN_OC]

I don't think the NFL will deem that inappropriate. They may balk at being asked to pony up $300 million though. Greedy ____!!!

I think the NFL last said they would do $200-250 million. I don't think the owners will find $300 unreasonable. Previously the city was asking for $400 million.

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[RON_IN_OC]

Weight this against the Oakland Proposal (crickets) and the San Diego Proposal (we need more time) and St Louis actually may have the upper hand on the NFL in this one.

Kroenke has no other play, at this point. Several other owners have already said they would vote no on his Inglewood stadium propsosal. The Rams have the least chance to move, at this point. The Carson project for Chargers and Raiders has way more support.

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[crisper57]

I think the NFL last said they would do $200-250 million. I don't think the owners will find $300 unreasonable. Previously the city was asking for $400 million.

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Oh. Last I heard, it was "no more than $200 million". That does make a difference.

Then the real question becomes if Kroenke is willing to dump any money into STL, given his desire to move to California. Would he be forced to pay for a stadium that he doesn't even want?

 

[crisper57]

Kroenke has no other play, at this point. Several other owners have already said they would vote no on his Inglewood stadium propsosal. The Rams have the least chance to move, at this point. The Carson project for Chargers and Raiders has way more support.

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The Raiders moved against owners' wishes. Why couldn't he? Their vote has a precedent of not being enforceable. I haven't heard why this time would be any different. I am curious why this angle hasn't come up more?

 

[RON_IN_OC]

The Raiders moved against owners' wishes. Why couldn't he? Their vote has a precedent of not being enforceable. I haven't heard why this time would be any different. I am curious why this angle hasn't come up more?

Because Stan needs league funds...and that's voted on by owners.

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[Cardsfanstl]

Oh. Last I heard, it was "no more than $200 million". That does make a difference.

Then the real question becomes if Kroenke is willing to dump any money into STL, given his desire to move to California. Would he be forced to pay for a stadium that he doesn't even want?

The question a lot people here in St. Louis are asking is the Stadium he wants to build in California is privately financed so why can he not have the same thing here. Also the Edward Jones dome is still not paid off so the people here in St. Louis will have to pay for 2 stadiums at the same time if this new one is built.

 

[crisper57]

Because Stan needs league funds...and that's voted on by owners.

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But he doesn't. He has the money lined up privately, for the CA project, I thought.

 

[NJCardFan]

The key term in there is "PSL". Good luck extracting those ridiculous fees from Rams fans.

ANY new stadium is going to come with this ridiculous fee. The whole concept should be made illegal.

Agreed. It's one thing to charge a PSL for a luxury box but it's another to force a real fan, who are actually mostly middle class working families, to not only have to have their tax money go toward the stadium but to be further taxed, and priced right out of the building by excessive PSL's.

 

[crisper57]

Agreed. It's one thing to charge a PSL for a luxury box but it's another to force a real fan, who are actually mostly middle class working families, to not only have to have their tax money go toward the stadium but to be further taxed, and priced right out of the building by excessive PSL's.

Does Seattle have PSL's? Or would we be the only ones in the West without them if this proposal is accepted?

 

[Rivercard]

Does Seattle have PSL's?

I believe they do, along with an engraved nameplate on the seat.

 

[Rivercard]

According to proposal, State and City invest $400M thru "traditional public funding sources to keep the Rams in St. Louis."...

The STL proposals calls for Rams to contribute "no less than $250M to the project, with the NFL investing $300M."

The RSA (stadium authority) would hire Rams or other firm to sell PSLs. RSA and Rams to design/construct stadium in "collaborative way"...

STL proposal calls for Rams to have 30yr lease and "enforceable non-relocation agreement" RSA owns stadium/land w/ Rams paying $1.5M/yr rent

STL proposal also calls for Rams to "accommodate a MLS tenant under a marker rate lease term." total coast of project project to $1.1B

Not sure that Stan Kroenke will like much of this, but we shall see if NFL evaluates the proposal as one that satisfies requirements to stay

Is this a deal that any other owner would accept to move their team to St Louis? Probably not, so why would anyone expect Kroenke to willingly take it when there is a much more attractive option available in Los Angeles?