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  1. #1
    Ljsrams1962 Guest

    Rams might sell by March?

    Rams owners may decide by March if they are going to sell

    Sale could also include Stan Kroenke's 40 percent share of Rams


    By Howard Balzer
    Thursday, January 28, 2010


    This year’s NFL draft is 84 days away and the Rams are on the clock. By the time of the draft, and potentially by the beginning of the NFL’s league year March 5, St. Louis could also be on the clock. If it isn’t already.
    League sources have told Globe-Democrat.com that Rams owners Chip Rosenbloom and Lucia Rodriguez are likely to decide by the start of the league year whether to accept an offer for not only their 60-percent share of the team, but also the 40 percent owned by Stan Kroenke. Should this be the case, it means Kroenke has agreed to sell his portion of the team. He currently holds a right of first refusal on any sale of the remaining 60 percent, but NFL cross ownership rules prohibit him from being the Rams' majority owner and managing partner.
    According to reports on KTRS Radio, the potential buyer is not believed to be a group led by St. Louis Blues managing partner Dave Checketts, but instead has one unidentified person as the major lead investor. KFNS Radio has reported that Checketts' group places the value of the Rams at less than $600 million. KFNS also reported that the one investor is prepared to pay $725 million in cash for the franchise.
    At an NFL meeting in October, Rams senior advisor and owners’ representative John Shaw told league owners he expected a decision to be made on the sale of the team by the end of the year. That was apparently a reference to the league year, not the calendar year.
    The start of the league year is when player contracts expire for the previous season and new contracts take effect or players without contracts become free agents.
    Even if a sale agreement is reached by that time, it could be months until the new owners gain control of the club.
    Most important, however, is that according to sources, there would only be a short-term commitment for the new owner to keep the team in St. Louis. That dovetails with the clause in the team’s lease with the CVC (Convention and Visitor’s Commission) that mandates the Edward Jones Dome be within the top 25 percent of the league’s stadiums by March, 2015.
    While that is five years away, the agreement between the Rams and the CVC that resulted in $30 million of upgrades for the dome included a time-frame for the next round of negotiations.
    By Feb. 1, 2012, just two years from now, the CVC is required to have a plan for improvements to the dome. The Rams must reply by March 1 in either accepting or not accepting that proposal.
    If the Rams don’t like the proposal, the club has until May 1 to respond with their own plan. It’s not out of the question that could include a new stadium, since financial experts believe it will take at least $300 million and perhaps twice that to upgrade the dome to bring it to that top 25 percent of the league's stadiums.
    Once the Rams submit their plan, the CVC has until June 1 to respond with acceptance or rejection. Should they not accept it, arbitration is next, which would begin on June 15. That process must be concluded by the end of the 2012 calendar year.
    Should the CVC elect not to abide by the arbitrator’s decision, the Rams would be free to move after the 2014 season. It would also be likely the team would seek to leave sooner, rather than be in a lame-duck situation for two seasons.
    In reality, the clock is already ticking on the Rams’ future in St. Louis and on the CVC, to determine how serious the CVC is about keeping pro football


  2. #2
    ScottD413's Avatar
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    Re: Rams might sell by March?

    How sad is it that tax payers are forced to build new stadiums every 15 years or so? It's ridiculous. Stadiums used to last decades, now all of a sudden they can't make it 20 years without falling apart? Please...

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    PeoriaRam's Avatar
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    Re: Rams might sell by March?

    Quote Originally Posted by ScottD413 View Post
    How sad is it that tax payers are forced to build new stadiums every 15 years or so? It's ridiculous. Stadiums used to last decades, now all of a sudden they can't make it 20 years without falling apart? Please...
    The Edward Jones Dome has two critical failings, which results in the current situation.

    1. It was a fairly cheap stadium to begin with.

    2. 3/4s of the league have built new stadia since it opened its doors.

    2a. The lease was written so that the EJD must be in the top 1/3 or 1/4 of NFL stadia in order for the Rams to not have a major out.

  4. #4
    LA Rammer's Avatar
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    Re: Rams might sell by March?

    Los Angeles here we come!!!
    LA RAMMER

    It's Jim not Chris
    http://www.youtube.com/watch?v=9HNgqQVHI_8

  5. #5
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    Re: Rams might sell by March?

    The Rams get a new owner that wants to win, to a city with a new stratum (*LA), plenty of Die Hards to start the feeding frenzy. That would be my dream come true. Always and Forever, “Loyalty over Location”

  6. #6
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    Re: Rams might sell by March?

    Seriously Arnold would bring California a hole lot more money with the rams. with the new stadium, It would be crazy. Besides, Most of the reason why the rams moved was because of Georgia Frontere. That was her home town or something.

    I heard that LA had more people in the seats when they had losing season, then the jones dome did the first year they had Linehan. I can see why, but even i would go to games even if they lost. If they moved to Cali. Im getting season tickets even if they suck. It would be a good choice for the rams to move here. All i can see is the positivity in this. And i believe the rams will be a contender very very soon.

  7. #7
    Comrade Ram's Avatar
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    Re: Rams might sell by March?

    LA>STL. Bring the rams home!

  8. #8
    sntlouisrams is offline Registered User
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    Re: Rams might sell by March?

    Let Stan buy them out and move them too london, then he can own arsenal and rams in london :P

  9. #9
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    Re: Rams might sell by March?

    I assume that most of you haven't read Bernie's latest column on the matter. I'll take his word over the Bulger bootlicker's.

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    Re: Rams might sell by March?

    Quote Originally Posted by GreatestShow99 View Post
    I assume that most of you haven't read Bernie's latest column on the matter. I'll take his word over the Bulger bootlicker's.
    Nobody in their right mind would consider putting a second team in Chicago. I'd give decent odds that his sources told him "2nd largest city in the US" or "2nd largest market in the NFL" and he thought that was Chicago.

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    Re: Rams might sell by March?

    excellent post thanks for the info.

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    Re: Rams might sell by March?

    The Rams would only make sense in Los Angeles if they moved again. The city already has a history with the fans and it would be Hollywood flare all over again. And they would get a new stadium to boot. But the dream is far away. I love ST Louis and i think the fanbase will do whatever to renovate the Dome to NFL standards. The Rams just need a couple winning seasons for the fanbase and the city to commit to a huge amount of tax payer money. In this day and age. The fans will dictate the funds. And it will look like Los Angeles would be the second option if it becomes ugly.
    Rebuilding the team is a first priority for the new owners.
    THE FIELD GOAL

  13. #13
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    Re: Rams might sell by March?

    Quote Originally Posted by Comrade Ram View Post
    LA>STL. Bring the rams home!
    I am going to feel genuinely sorry for you guys when the team doesn't move back to Los Angeles. You alienate the home town fans of your favorite team on the hopes that they might move back?

    Seems like a burnt bridge for no good reason.
    "I'm not going to hide my opinions. They're coming to you between 7000-4000 Angstroms for all the world to see. Oh yes, you will be enlightened."

  14. #14
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    Re: Rams might sell by March?

    One of Checketts biggest money guys is a Texan. San Antonio Rams? I like the sound of that.

  15. #15
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    Re: Rams might sell by March?

    Quote Originally Posted by txramsfan View Post
    One of Checketts biggest money guys is a Texan. San Antonio Rams? I like the sound of that.
    He's a Texan that is going to own 30% - 40% of the team. Checketts is still going to own about 60% - 70% of the team
    RamsFan16

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