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Thread: Would The Rams Pay For Their Own Stadium?

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    Would The Rams Pay For Their Own Stadium?

    (KPLR)– What’s next for the Rams? The city says it will reject an arbitrator’s ruling in favor of the Rams about upgrading the dome.

    So the next step is likely talks over a new stadium. But since taxpayer funding is unlikely would the Rams be willing to stay if they have to pay for their own stadium?

    The arbitrators ruled that it would take $700 million in taxpayer-funded changes to make the dome among the NFL’s top stadiums. So would that mean talks over a new Rams stadium? If so, where would it be? And who would pay for it? Or might the Rams head back to Los Angeles in 2015?

    Watch Stadium Story


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    The Rams wont go back to LA and the city wont pay for another stadium, no city recently has payed for a stadium, those days are over becuase of the economy. If the rams were to go back kroenke would have to sell part of his stake in the stadium so that the LA owner/s would "own" the team. Not a good business decision for a guy who JUST bought a down trouted team. Kroenke, the nfl, and private funding will revamp the dome or better yet build a new stadium in st. Louis. Now if the previous owners were in place it would be open season.

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    Re: Would The Rams Pay For Their Own Stadium?

    Quote Originally Posted by Fastcat View Post
    The Rams wont go back to LA and the city wont pay for another stadium, no city recently has payed for a stadium, those days are over becuase of the economy. If the rams were to go back kroenke would have to sell part of his stake in the stadium so that the LA owner/s would "own" the team. Not a good business decision for a guy who JUST bought a down trouted team. Kroenke, the nfl, and private funding will revamp the dome or better yet build a new stadium in st. Louis. Now if the previous owners were in place it would be open season.
    AEG's financial plan calls for the company to own only a minority interest in the NFL team that moves into Farmers Field. AEG president and CEO Tim Leiweke said Anschutz would like to buy a third of the team, which is the same percentage he owns of the Lakers.
    Forbes puts the St. Louis Rams’ value at $775 million, good for 30th on the list
    .

    We know what the Rams are worth in St. Louis. But what would the franchise be worth in L.A? The San Diego Chargers are worth $920 million, good for 23rd on the Forbes list.

    The L.A. Dodgers, who Kroenke attempted to purchase, were acquired by Magic Johnson and Company for $2 billion. Forbes has the Los Angeles Angels of Anaheim valued at $656 million in its March 2012 rankings, eighth highest in Major League Baseball.

    The Los Angeles Lakers are tops in the NBA with a value of $900 million, according to Forbes. The L.A. Clippers are valued at $324 million, 20th in the NBA.

    What does all this mean?

    It proves what is already obvious: The Rams would be worth a lot more in Los Angeles than in St. Louis. If the Browns are worth a billion dollars, how much are the Rams really worth – especially in L.A?
    Raiders would return to Los Angeles, a move that could increase the franchise’s value by as much as $1 billion, instantly making them one of the league’s most lucrative organizations, according to John Semcken, vice president of Majestic Reality.
    Stan could give up a third and still have control and increase the value, to say that move would be a bad business decision, I disagree.
    Last edited by Rambos; -02-05-2013 at 07:02 AM.
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    A New Rams Football Stadium: Will Taxpayers Foot the Bill?

    Now that arbitrators have sided with the St. Louis Rams in its dispute with the St. Louis Convention and Visitors Commission over proposals to renovate the Edward Jones Dome, the talk has turned to the possibility of a new football stadium. Smith said it is unlikely the CVC will go along with the Rams’ proposal, which the agency thinks could cost more than $750 million. Either way, if taxpayers are going to be asked to pitch in to pay for renovations or a new stadium for the Rams, city hall is promising you get to decide. From KMOV.com

    Will Taxpayers Pay?

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    Re: Would The Rams Pay For Their Own Stadium?

    Can we keep this thread about the Stadium issue, and redirect move discussions to the move to la thread? Thanks!

    One advantage in this, for the city of St. Louis, is that a new stadium and/or lease would not have the top 25% requirement. I doubt that a high value city like NY, DC, or LA could keep that type of requirement, so why should St. Louis? It is in St. Louis' best interest to let the lease expire just to lose that stipulation.

    I'm all for a new open/retractable roof stadium in the St. Louis area. I would also like to see it in an area that has the potential for a game day parking lot that will be conducive to tailgating. Maybe during off season the parking lot could be used for SCCA events.


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    Re: Would The Rams Pay For Their Own Stadium?

    Quote Originally Posted by Rambos View Post
    .

    We know what the Rams are worth in St. Louis. But what would the franchise be worth in L.A? The San Diego Chargers are worth $920 million, good for 23rd on the Forbes list.

    Stan could give up a third and still have control and increase the value, to say that move would be a bad business decision, I disagree.
    Stan is the 8th largest landowner in the U.S. He is cash flush period. As many of us know, he built his fortune through land development, and it certainly was a plus having Wal-Mart anchor his shopping malls.

    Instead of just thinking about a top tier stadium, how about we consider a much larger "development". In addition to building one of the best if not the best stadium in the league, with loads of parking and other concessions, think shopping mall, restaurants, perhaps even a Wal-Mart, a new Rams' park, and practice facility that is way more fan friendly. At the very least, Stan would have a controlling interest in all of it, with the Rams being a large part of revenues generated, but certainly not the only source. Instead of trying to leverage cash out of a cash strapped city, there are other "concessions" he could extract, such as favorable zoning, accelerated permitting, tax incentives, etc.

    I believe Stan will build a new stadium with funding assistance from the NFL close enough to retain the name St. Louis Rams. There are several possible sites that have already been mentioned. If anything, Stan knows how to develop property, and though he may not be averse to using L.A. as leverage, I really doubt he moves the team. There would be too much "sharing" if he were to move, and he doesn't need to and likely wouldn't want to ..

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    Re: Would The Rams Pay For Their Own Stadium?

    Quote Originally Posted by MauiRam View Post
    Stan is the 8th largest landowner in the U.S. He is cash flush period. As many of us know, he built his fortune through land development, and it certainly was a plus having Wal-Mart anchor his shopping malls.

    Instead of just thinking about a top tier stadium, how about we consider a much larger "development". In addition to building one of the best if not the best stadium in the league, with loads of parking and other concessions, think shopping mall, restaurants, perhaps even a Wal-Mart, a new Rams' park, and practice facility that is way more fan friendly. At the very least, Stan would have a controlling interest in all of it, with the Rams being a large part of revenues generated, but certainly not the only source. Instead of trying to leverage cash out of a cash strapped city, there are other "concessions" he could extract, such as favorable zoning, accelerated permitting, tax incentives, etc.

    I believe Stan will build a new stadium with funding assistance from the NFL close enough to retain the name St. Louis Rams. There are several possible sites that have already been mentioned. If anything, Stan knows how to develop property, and though he may not be averse to using L.A. as leverage, I really doubt he moves the team. There would be too much "sharing" if he were to move, and he doesn't need to and likely wouldn't want to ..
    All good points.

    All of that does not give the Rams the football team the brand of being in the LA market. Stan can build wally world around the new stadium in St Louis. But the team will be in a smaller market regardless of how much additional revenue he can generate.

    Stan could build anything he wants in any city he wants, if he's looking to develop real estate. This is about the football team and the overall brand and image of the team.

    He was the one that agreed to go to London for homes games to increase his brand. What you want is to go to London as the visiting team and get branding at the expense of a lessor team.

    Kroenke can become the new head of AEG and have his real estate development and a larger empire.

    We will know soon enough what Stan wants.

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