The NFL announced some of the agenda of the upcoming spring meeting, and Stan Kroenke’s purchase of the Rams was not mentioned.
The St. Louis Post-Dispatch reports Kroenke’s official application has been received by the league, but details on the purchase agreement still need to be ironed out.
That process could take weeks, which means the league’s finance committee isn’t likely to vote on the purchase of the Rams until late in the summer.
“The NFL is still waiting to see precisely how Kroenke plans to be in
compliance with the league’s cross-ownership rule,” Jim Thomas writes.
Thomas says the league may conditionally approve Kroenke’s bid, giving him a period of a year or two to come under compliance for the NFL’s rules. A similar setup was used when Wayne Huizenga bought the Dolphins in 1996.