The National Football League and Los Angeles Rams owner Stan Kroenke reached a settlement with officials in St. Louis for $790 million, the city announced on [11/24/21].
The settlement stems from a lawsuit from the Rams’ relocation to Los Angeles in 2016. The city, St. Louis County and the Regional Convention and Sports Complex Authority sued the NFL and the Rams in 2017. They claimed the league did not honor its own relocation policy and hold good faith negotiations to prevent the Rams’ relocation from St. Louis.
The City sued for a billion, plus. They alleged that the NFL broke its own rules on relocation to let one of their billionaire owners due whatever he felt like doing. That the NFL settled for $790 million suggests that the NFL knew that they were probably going to lose.
The money was paid last month. That whiny little fuck probably won't miss it; all he will have to do is get Walmart to screw over its workers a little more.
Every pro sports team contemplating a move should take to heart the lesson that if they don't follow their league's rules on jerking teams to new locations, it could coust them a bundle. With any luck, the
ETA: The Bengals beat the Raiders today in an AFC wild-card game, 26-19.
3 comments:
They never lose in the end, team will double in value when sold. Slap on the wrist. I confess I still watch the Oakland, LA, Oakland, Las Vegas Traitors, though right now the Bengals are kicking their butt.
The idiots in SoCal have to stop going to their games.
I stopped watching the Raiders, and football, when Biletnikoff retired.
-Doug in Sugar Pine
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