$790M settlement in lawsuit over Rams’ St. Louis departure
The NFL and Rams owner Stan Kroenke will pay $790 million to settle a lawsuit filed by St. Louis interests over the team’s relocation to Los Angeles, a joint statement from St. Louis city and county said Wednesday.
No details of the settlement were released, and it wasn’t immediately clear how much would be paid by Kroenke and how much would be covered by owners of the league’s 31 other teams.
“This historic agreement closes a long chapter for our region, securing hundreds of millions of dollars for our communities while avoiding the uncertainty of the trial and appellate process,” read a statement from St. Louis Mayor Tishaura Jones and St. Louis County Executive Sam Page.
The settlement, reached in mediation, ends a 4 1/2-year-old lawsuit filed in the wake of the Rams’ 2016 departure. Kroenke and the NFL had failed in bids to have the lawsuit dismissed or at least moved out of St. Louis, and courts were sympathetic to the St. Louis side’s effort to disclose financial information of team owners — rulings that hastened the push for a settlement.
TEAMS ON THANKSGIVING SCHEDULE ALL COMING OFF LOSS >> Maybe the NFL teams set to play on Thanksgiving got caught looking ahead to the holiday extravaganza.
All six squads playing on Thursday lost in their lead-up to the Thanksgiving game, marking the first time since 2001 that every team playing on the holiday dropped its previous contest.
Back then there were only two Thanksgiving games, with Detroit hosting Green Bay and Dallas hosting Denver.
This year there are six teams — Detroit, Chicago, Las Vegas, Dallas, New Orleans and Buffalo — looking to get rid of the bad taste of a loss so they can enjoy their holiday. Four of those are on winless stretches of at least three games.