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Rams receive $2 million payment from arbitration ruling on stadium

Edward Jones Dome Getty Images

The St. Louis Rams won an arbitration decision in April in a dispute between the team and the St. Louis Convention and Visitors Commision (CVC) over proposed upgrades to the Edward Jones Dome.

The CVC, which owns and operates the Edward Jones Dome, was required to pay the Rams $2 million to cover the team’s legal fees following the ruling. Arbitration was necessary due to two wildly varying plans on how to upgrade the Dome per terms of the lease agreement between the Rams and the CVC.

The terms of the agreement allow the lease to become year-to-year and for the team to move following the 2014 season if the stadium isn’t in the top 25-percent of stadiums in the league. The Rams proposal to upgrade the building was in excess of $700 million while the CVC’s plan would have cost $124 million. The arbiter ruled in favor of the Rams and the CVC was ordered to pay the money to the team.

According to Jim Salter of the Associated Press, the Rams received the payment on May 20.

If the CVC does not implement the Rams’ plan to upgrade the stadium, the league becomes year-to-year beginning in March 2015. Per the AP, St. Louis city officials said it is unlikely the plan will be implemented. This could prompt the Rams to move cities as early as the 2015-16 season.

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10 Responses to “Rams receive $2 million payment from arbitration ruling on stadium”
  1. papalurchdxb says: Jun 21, 2013 1:31 AM

    L.A. Rams. Haven’t we been down this road before?

  2. seahawksbmx says: Jun 21, 2013 1:48 AM

    L.A. Rams has kind of a nice ring to it.

  3. herrcules13 says: Jun 21, 2013 2:03 AM

    LA Rams? Wait…what?

  4. mackcarrington says: Jun 21, 2013 2:42 AM

    I’m hoping that the stupid politicians in L.A. can get their snot together and and start putting some shovels in the ground on a new stadium soon. The Rams being on a year-to-year lease is about as good of a chance as they will ever have of bringing the Rams back to LA.

  5. jayhawk6 says: Jun 21, 2013 6:22 AM

    $2,000,000 in legal fees for an arbitration?

    What will Aaron Hernandez have to cough up?

  6. ColtsWinColtsWin!! says: Jun 21, 2013 8:36 AM

    And Joe Taxpayer takes another one up the

  7. boltdaddy says: Jun 21, 2013 9:07 AM

    Please rise and welcome your Los Angeles Ram!

  8. kane337 says: Jun 21, 2013 11:41 AM

    Stan has a plan. Seems to be working like a charm. “I love L A….. We love it”

  9. NoHomeTeam says: Jun 21, 2013 1:32 PM

    When you play cards with the devil, you’d better keep an eye on the deck . . .

  10. thefox61 says: Jun 22, 2013 11:52 AM

    $700 million for upgrades? Give me a break! You can build a brand new stadium for that amount.

    Stadiums and their costs in the NFC West:

    Seattle – CenturyLink Field – 2002 – $430 million for the entire complex. $44 million for the Event Center, $26 million for the parking garage, and $360 million for the stadium. ($549 million in 2013 dollars)

    San Francisco – Levi’s Stadium – 2014 (est.) – $1.2 billion (est.)

    Arizona – University of Phoenix Stadium – 2006 – $455 million ($518 million in 2013 dollars)

    Californication…

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