In a move that will leave no one flabbergasted, shocked, perplexed, and/or needing an explanation, the St. Louis Convention and Visitors Commission has rejected the Rams’ proposal for sweeping upgrades to the Edward Jones Dome.
According to the St. Louis Post-Dispatch, the “no” came Friday morning.
Next, the two sides will take the matter to arbitration, if an agreement can’t be reached by June 15. Ultimate failure to strike a deal on the effort to move the stadium into the “first tier” of all NFL venues will allow the Rams to relocate after the 2014 season.
The CVC proposed earlier this year upgrades that would cost $124 million, with the Rams sharing in the expenses. The Rams’ counteroffer detailed no expenses and made no suggestion regarding whether the team would kick in any cash.
The CVC pegged the price of the Rams’ proposal at $700 million.