Louis reveals revised stadium proposal with added National Football League funds
Earlier this week, NFL Commissioner Roger Goodell informed city officials that the league wouldn’t go above its standard grant of 0 million.
Kroenke’s actions have made it clear that he wants to take his franchise to Los Angeles, and if he can’t move to L.A., he might start to look at other cities like London, as CBS Sports NFL Insider Jason La Canfora recently reported. In exchange, The Post-Dispatch reports the stadium task force is asking for more than double the rent to $1.5 million annually to back construction bonds that would be issued for the project.
The approval will come from the city’s proposal…what the city is willing to spend, but there are no guarantees they’ll get help from the NFL.
That’s because Thursday’s prime-time matchup between the Rams and Tampa Bay Buccaneers could possibly be the team’s final game in St. Louis.
The Board of Estimate& Apportionment in St Louis casted votes that resulted in a 2-1 ratio to approve of the city’s part of financing the St Louis stadium.
Neither the Chargers nor the Raiders have firm stadium plans in their home markets and both teams are considered to have worse stadiums than the Rams.
However, the new funding plan doesn’t necessarily improve the Rams’ chances of staying.
The league has set a December 30 deadline for the stadium plan to be finalized.
The addition of $100 million in National Football League money would certainly make St. Louis’s stadium plan more “viable” and “bulletproof”, don’t you think?
The Rams, San Diego Chargers and Oakland Raiders have all expressed their desire to relocate to the Los Angeles area, with the Chargers and Raiders joining forces on a plan to move to Carson and the Rams to Inglewood. The revised deal comes as aldermen met Tuesday to consider a riverfront football stadium project. The Edward Jones Dome opened 20 years ago, built entirely with taxpayer money.
The St. Louis stadium approval Friday spells out that the city’s share of the costs of the estimated $1.1 billion would be $150 million.
Last month, Republican Missouri House Speaker Todd Richardson sent Nixon, a Democrat, a list of 120 House members opposed to funding the stadium.