St. Louis approves $150 million for new NFL stadium

AP

The city of St. Louis has committed to spending $150 million to build a new NFL stadium — even though there’s no NFL team committed to playing in St. Louis.

As expected, the vote today at St. Louis City Hall resulted in passage of the plan that would pony up $150 million for a new stadium. That plan, however, is not good enough for the league because it calls on the NFL itself to spend $300 million on the stadium. The NFL says its policies call for spending no more than $200 million.

But while the NFL says the St. Louis plan isn’t good enough, it may be good enough to persuade some owners that the league shouldn’t abandon St. Louis. And with Rams owner Stan Kroenke seeking the approval of 23 other owners to move to Los Angeles, all it takes is nine owners thinking the St. Louis plan sounds good for Kroenke to lose out on the approval he seeks.

So while the St. Louis vote today doesn’t guarantee the Rams will stay in St. Louis, it will make it harder for the Rams and the NFL to claim the city hasn’t supported the team. And if the city is supporting the team, it’s hard to justify leaving.

90 responses to “St. Louis approves $150 million for new NFL stadium

  1. If the league think the Black Hole and the Chargers stadium aren’t worth playing in, and they think that new stadiums are best when the cost around a billion dollars to make, then the NFL needs to pony up more than $200 million!

    Owners of football teams should pay the full amount. Then they are entitled to all the profits. It’s a win win. I don’t get it.

  2. What if Stan the Man just decides to go “Al Davis” on them? What does the NFL have in place as a ‘punishment’ for him?

  3. These NFL owners need to start working with their team’s community instead of bullying them out of hundreds of millions of dollars. Almost every city in America would like to have an NFL team but nobody has a billion dollars to waste in the process. It’s time to pony up, NFL. Pay a fair share for your stadium and let these cities spend the bulk of their dollars on things the whole community can use like schools, libraries, hospitals, and roads. From the PSLs to the increasing cost of game day attendance… stop stealing our money to build your damn luxury boxes!

  4. NFL:……stands for the National Finance League……you the taypayer’s finance it ,we the NFL will extort it……….i still follow NFL games,but not like i use to……….i have totally quit buying NFL merchandise the last few years because of the perceived greed factor at the corporate office….the season is too long(16 games to sort them out?)……cut it to 14 games,and only 1 or 2 preseason……..i love the concept of NFL thursday night games too, but the last 3 of them i spent watching movies,other TV,and not the NFL games….

  5. Sorry NFL you and your owners can fund your own Stadiums.

    You are lucky that you got $150 million. Your days of fleecing people are over. You want a new stadium then you can pay for the entire cost just like everyone else has to. Theres no free lunch for you anymore.

  6. This whole thing is such a fiasco its a disgrace. Just throwing St Louis fans under the bus. Watching Goodell and these greedy owners slowly kill the goose that laid the golden egg is sad indeed.

  7. $150 mil + $200 mil= $350 mil Where is the other $650 mil gonna come from? Good luck forcing Kroenke to pay $650 mil to build a stadium in a city he doesn’t want to be in.

  8. I wonder if STL would pony up another 100m if they could keep the Rams but ship Kroenke out.

    I think all stadiums should be a 3 way JV between team, league, and city/county/state. Then charge a rent that pays it back (with a bit of interest + maintenance/upkeep) in a 20 yr time frame. Invest in the community that you want to invest in you. It’s win/win to ingratiate the fans and team to each other in this way.

  9. The owners renegotiated the CBA so they would get 51% of the income, up from 41%. Their rationale was that stadiums are expensive and they needed to invest in them.
    So they should use that extra money to help build them.

    In fact, I’d like the Rams and Chargers and Raiders to all move to LA, so all 3 fail, and move back to where they came from before the move.

  10. What if Stan the Man just decides to go “Al Davis” on them? What does the NFL have in place as a ‘punishment’ for him?
    ****************************************
    They will make him go to Al Davis’ son’s barber monthly for 3 years.

  11. Gah! A private business wants public funds to build them a nice new stadium so they can turn around and raise ticket prices to further gouge the taxpayers of that community…the NFL isn’t the only league playing that game, because too often this plan has worked.

  12. Even if Kroenke put up, say,$700 M to help pay for a stadium in St.Louis, in addition to the $350M they have in the bank, whose stadium would it be? How would the revenue be split? How much say would the Municipality have in running it? Who would be responsible for repairs and future upgrades? In the event of a Reggie Bush type of lawsuit, who would bear the liability? Does the NFL already have the answers to these questions? Does the City of St. Louis?

  13. jagsfanugh says:
    Dec 18, 2015 6:59 PM

    Doesn’t a new stadium cost upwards of triple that amount?
    —————————————————————
    The author of the story failed to give you the complete details. The City of St. Louis’ $150 million is just one source of the funds for the 1 billion dollar stadium. Other sources include the State of MO, naming rights deal, NFL G4 fund, and the NFL team.

  14. Sorry taxpayers … the billionaire wants more welfare.
    ——
    What billionaire are you referring to? Because the owner of the Rams is making it pretty clear he has no interest in St Louis or this taxpayer funded stadium.

  15. If u think Kroneke would go Rogue and pony up 2 billion dollars of his own money, think again. He way be worth close to 10 billion but he ain’t forking 2 billion of his own money. NO WAY….

  16. Complain all you want, but damn near every business with over 20 employees is getting some kind of tax break from their host city and state nowadays.
    More important; nothing enhances a city’s image like being an NFL city.

  17. Kroenke can posture all he wants, but if 24 owners decide that the St. Louis situation combined with the Chargers and Raiders sharing a stadium is the most viable, there’s not a damn thing he can do about it.

    Ultimately the league may pony up the extra cash for the Rams to stay in St. Louis, approve the joint stadium venture between the Chargers/Raiders (Chargers for sure are gone, as they have enough support from other owners to keep other teams out of their backyard), move one of those teams to the NFC West and move another team (like Seattle) back to the AFC West. Problems solved, for the most part.

  18. Not only do they use tax payer money for new stadiums…the NFL is “non-profit” tax exempt….Double hypocrisy.

  19. “vbe2 says:
    Dec 18, 2015 6:58 PM

    What if Stan the Man just decides to go “Al Davis” on them? What does the NFL have in place as a ‘punishment’ for him?”
    ****************************************

    2 London games per year for life…..

  20. The city of St Louis is going to spend 150 million? Um….no. The taxpayers of St Louis are paying the money. Absolutely ridiculous, taxpayer subsidies for millionaires/billionaires. When are the people in this country going to get a clue?

  21. Personally, I like the idea of a man building and paying for his own stadium in LA. Then, SD can ask San Antonio for an invitation there. Good for weather for season games, as well as, Super Bowl.
    Then, let the Raiders move northward or pay for upgrades to their stadium. At least get the sewerage corrected. Allowing two teams in LA without Deacon Jones on one of them seems doomed. I am correct about past failures in LA, right?

  22. Regarding Stan “going Al Davis”; I’m guessing the league changed the by laws to prevent that, and each new owner had to agree to it when they bought their team.

  23. The only reason the relocation committee is working so hard to prop up the St Louis stadium project is so Dean can have his new market and Stadium. If Kroenke was filing relocation papers for San Antonio there would be two unanimous votes and a pair of stadiums being built.

    If Carson is approved you are going to hear a statement from the NFL that their research shows the market isn’t strong enough to support additional team or league investment and suddenly there will be plenty of support for the Rams to move.

  24. Regarding Stan “going Al Davis”; I’m guessing the league changed the by laws to prevent that.
    ——
    Discourage, and enforcing it requires a vote as well. Additionally, nobody has any idea how the rules will hold in court. Last time the NFL thought they could stop it as well.

  25. If you take a look at Chicago, Soldier Field is owned and operated by the Park District and City of Chicago, and the Bears are not hurting at all. The city maintains it, and also gets to make a bunch of the money off the game. The Bears split revenue with the city, and everybody goes home happy. It’s not socialist…it’s symbiotic…and it is showing it can work.

    Despite my dislike of St. Louis as a sports city, they can support an NFL team. Looking at LA, there are 3 teams in the state of California, 3 in Florida, 2 in Texas, 2 in New York, and 2 in Missouri. There is no easy solution, but I would move the Raiders out of the Bay to LA, and leave the Rams and Chargers where they are.

  26. Stan Kroenke has probably replaced Al Davis as a person that fellow owners love to hate. He is doing to the fans of the NFL what Scott Boras has been doing to fans of MLB for decades.

    But just as the GOP has been unable to quell Donald Trump, Kroenke is likely to get his way.

  27. As long as they go back to the blue and yellow uniforms, I don’t care where they play, but LA Rams did have a nice ring to it.

  28. A stadium is empty over 300 days a year and does not make money. If it made money the owners would buy their own stadium. A new stadium costs 2 billion (1 billion construction and 1 billion in interest cost).

    10 home games a year for 30 years is 300 games x 75,000 spectators is 22,500,000 spectators. 2 billion divided by 22,500,000 spectators is $89.00 dollars per ticket above current costs. So add 89 dollars to the cost of every ticket. Those that want to go to the game pay for it.

    The alternative is to build a good solid outdoor football only stadium. Then make renovations every few decades but have it last 75 years or more. Green Bay and Kansas City have both done this with their fine stadiums and have the lowest stadium costs in the NFL yet both are in the top 4 in seating capacity.

    Indoor arenas are short lived and just not economic. They take the elements out of a game.

  29. Put the Cardinals back in St.Louis and the Rams back in LA. Don’t build a new stadium that nobody goes to .

  30. Just tell the whole story. Please. The Rams wouldn’t be moving if the St. Louis authorities had simply abided by the arbitrated decision to renovate the dome they’re already playing in now.
    They’d spend $700 million, instead of a billion plus now.

  31. I just hope this is another reminder to all you fans that you don’t own your team and the owner doesn’t care about you. If the owners thought they could make more money moving every game to the moon, that’s where they would move them.

  32. It’s funny the peanut gallery shames la for losing 2 teams due to reasons they don’t understand yet sympathizes with st louis who will now lose its second team due to poor attendance and lack of fandom

  33. Reason why owners want public money for stadiums is because they drive tourism and tax revenue and can be used for other events like the olympics final fours conventions etc

  34. joefelicelli | Dec 18, 2015, 7:40 PM CST
    If you take a look at Chicago, Soldier Field is owned and operated by the Park District and City of Chicago, and the Bears are not hurting at all. The city maintains it, and also gets to make a bunch of the money off the game. The Bears split revenue with the city, and everybody goes home happy. It’s not socialist…it’s symbiotic…and it is showing it can work.

    Despite my dislike of St. Louis as a sports city, they can support an NFL team. Looking at LA, there are 3 teams in the state of California, 3 in Florida, 2 in Texas, 2 in New York, and 2 in Missouri. There is no easy solution, but I would move the Raiders out of the Bay to LA, and leave the Rams and Chargers where they are.

    Talk about talking out of your wrong end. News flash putz. Soldier field is called the mistake by the lake and the deal with the park district kills the Bears value. Why do you think teams like the colts and Texans are worth more than the Bears ?

  35. The Rams are going to be of the teams in LA. Stan has the money, the land and the balls to do his way with or without the NFL approval just like Al did and he doesn’t care! The Chargers will be the other team. The Raiders will end up in either San Antonia or St. Louis will pony up to get them!

  36. I might be dumb but isn’t just the city putting up $150 mil? The state of Missouri can put more?

  37. “…it will make it harder for the Rams and the NFL to claim the city hasn’t supported the team. And if the city is supporting the team, it’s hard to justify leaving.”
    ——————————————-
    You say that as if it matters nowadays. It doesn’t at least not in the Goodell NFL and the new money owners who just don’t give a —- about fans. It’s all about squeezing as much out of us as they can before the sport goes belly up…and that day is coming.

  38. This is a scam, new stadiums are not needed. It’s a max of 12 games a year. Refurbish existing structures if they are not safe.

  39. riverace19 says:
    Dec 18, 2015 9:00 PM
    What does $150 million build, the entryway?
    —————-
    More useful things than a billionaire welfare bought sports stadium.

  40. 150 million is just the city portion. State has already gotten their money in line. Will break down like 150 city, 200G4,250 Stan, 400ish state with some other areas picking up some. St Louis plan is 90% in line to other similar outcomes. My biggest issue here is Kroenke has not publicly spoken one word to this city since hiring Jeff Fisher. He is a dogsh#t owner. Rams sold out every game from 1995 to 2008, it wasn’t til the they went 15-65 over a 5 year span that was the worst of its kind in NFL history that attendance started to slip. Since Fisher came on attendance has picked up and was not the worst in the league until this year when Kroenke basically told STL to eat a big one. I have been to 2 NFC championship games in this town and we support football GD!!. The Cardinals win almost every year, that’s why we are such a great “baseball town”. From 69-81 and 88-95 the Cards sucked and attendance suffered, there was even talk in the 70’s of potential move to East Illinois. Moral here is Stan sux ballsax as a person and owner and this is the result. I ask anyone on this forum to tell me another NFL town that is willing to build 2 new stadiums in a 25 year period? ED was built in 1996

  41. Better to let them leave than to support a bad product. Kroenke will stick it to the fans in terms of staying status quo if he doesn’t get his way. He knows the votes will be there to move. Owners talk.

  42. DejaVu all over again

    (taken from Wikipedia’s history of the Rams)

    “As it has became increasingly common with sports franchises, the Rams began to blame much of their misfortune on their stadium situation.

    By 1995, the Rams franchise had withered to a mere shadow of its former self. Accusations and excuses were constantly thrown back and forth between the Rams fan base, ownership, and local politicians. Many in the fan base blamed the ownership of Georgia Frontiere for the franchise’s woes, while ownership cited the out-dated stadium and withering fan support.”

  43. 9 years ago, Stanford University demolished their 85,000 seat stadium and within 9 months had built a 50,000 seat stadium for $90 million. That’s called brains and efficiency. Even with amenities, $500 million for a stadium is excessive.

  44. 2015: Stan Kroenke
    Net Worth As of 12/19/15 – $7.7 Billion

    (His wife, billionaire Ann Walton Kroenke, is a niece of Wal-Mart founder Sam Walton, and an heir to that fortune.)

    Yes . . we all should just “give $ .. till it hurts”!

  45. “And with Rams owner Stan Kroenke seeking the approval of 23 other owners to move to Los Angeles, all it takes is nine owners thinking the St. Louis plan sounds good for Kroenke to lose out on the approval he seeks.”

    He might be seeking it, but he sure doesn’t need it.

  46. Just tell the whole story. Please. The Rams wouldn’t be moving if the St. Louis authorities had simply abided by the arbitrated decision to renovate the dome they’re already playing in now.
    They’d spend $700 million, instead of a billion plus now.
    —————————————————————–
    You should tell the whole story. Stan Kroenke’s proposal for the City to renovate the dome for a mere $700 million as you describe it was a sham offer that he knew the City would not do, why? Because Kroenke was only willing to sign a 10 year lease as oppose to the customary 20-30 year leases that other owner’s sign when they get a new stadium. Stan also did not want to pay anything on the renovation. It is now customary for owners to pay for a portion of stadium costs. Kroenke being the snake that he is, made a bogus offer to make it appear that he tried, the City failed, and he should get the green light to move. That is the whole story, do your research.

  47. Total Insanity !…..there is no end…to the greed of the NFL and it’s team owners !…..they show no local support to the fans that fill their stadiums, hold the threat of moving over their [ the Communities] heads , if they do not pony up a billion dollars for a new Public Funded Stadium, charge ever increasing amounts of money for ticket prices, luxury boxes and concessions,put a product on the field that is destroyed by a penalty flag every other play, and then.. sit back and rake in the profits !…I have had it ! Your not going to get it from me !…enough is enough !…Period !

  48. Kroenke being the snake that he is, made a bogus offer to make it appear that he tried, the City failed, and he should get the green light to move. That is the whole story, do your research.
    ———————
    I mean, it’s not like three independent arbitrators ruled for Kroenke’s offer over the city’s offer or anything. Oh wait. that’s exactly what happened. As far as bogus offers go it was actually the city, and not the Rams who made the bogus offer.

  49. Wow the jealousy and whining on here is amazing.

    Why should a private businessman invest $1 billion of his own money just to have all the worthless non-productive buzzards (you know, all the governments that only take but produce nothing) huge chunks of his profits in the form of ticket taxes, parking taxes, concession taxes, road fees, etc? If local governments want a piece of the pie created by having an NFL team they should float some of the costs associated with getting one. It’s called “commerce.”

    You must all be Patriots fans in here.

  50. The state of MD and city of Baltimore spent nearly double the amount of money that at the time it would have cost to build a new stadium for the Colts trying to lure the NFL back to Baltimore.

    Yes, Stan and the NFL should be spending the majority of the money on a new stadium, but the next few rounds of Politicians are really going to enjoy spending the tax payers money on all the fun things they will get to do in trying to get the NFL back.

  51. Don’t give these scumbag owners a stinking dime.

    Kroenke is worth over 7 freaking billion dollars and he wants hundreds of millions in public handouts. Absolutely sickeningly disgusting.

    All these cities are in crisis and cutting back on education, emergency services and everything else. Whatever new taxes that can be generated need to go to the city to save these services not to some POS nfl billionaire.

  52. In other news, the city of Jax just approved 95 mill in upgrades, including an amphitheater and indoor practice facility.

    Shad Khan will contribute 50% and the remaining funds are derived from hotel bed tax.

    Tax payers not impacted other than having the asset they own increase in value.

    Thank God Kroenke excersised that option and Jacksonville got Khan!

  53. beavertonsteve says:
    Dec 19, 2015 9:56 AM

    I mean, it’s not like three independent arbitrators ruled for Kroenke’s offer over the city’s offer or anything. Oh wait. that’s exactly what happened. As far as bogus offers go it was actually the city, and not the Rams who made the bogus offer.
    —————————————————————-
    The arbitrators job was to determine which plan would bring the stadium into “top tier” status not whether St. Louis should fork over $700 million for only a 10 year lease.

  54. 150 million doesn’t buy a bag of peanuts. Even with the NFL kicking in 200 million, there about 750 mil short that the owners would have to pony up. Of course the owner would have to do the same anywhere else but what about LA? How much are they ponying up for a combined stadium and for whom is not yet known.

  55. Everyone needs to keep in mind you’ve got competitive edge going on here. Owner X gets a sweet deal from his state that owner Y doesn’t from his. The difference is profits.
    So owner Y cries foul and says I too need a new stadium to compete with owner X and I ain’t paying for all of it either.

  56. you need 1 billion to build something half decent.. unless they come up with 400 million its probably not going to work. Sports has gone kind of loony but if you want a world class city with corporate headquarters ..you likely need to bring this in.

  57. It’s nuts that billionaires get help building there playthings….but to say they sit empty in the off-season is a weak arguement. Ford field has multiple concerts, monster truck events and other events during the offseason

  58. The stadium is fine but Kroenke demanded that the stadium be in the top 5 of all NFL stadiums. This is a fool’s gold investment for St Louis. By the time they get even a fraction of the money back in revenue the Rams will demand ANTOHER renovation. That is if the Rams are even still in St Louis. Don’t look for taxpayer money in LA either. We’re not giving you one single cent in public public money

  59. St. Louis fans claim it’s unfair that Los Angeles is trying to steal their team away. Where did St. Louis get the Rams? They stole them from Los Angeles
    ——————————————————–
    Yeah, and LA “stole” the Rams from Cleveland. And St. Louis “stole” the Cardinals from Chicago.

  60. LA did not ‘steal’ the Rams from Cleveland. They won the NFL title in 1945 over the Redskins yet they still suffered financial losses and poor attendance. It was the owner who wanted to move them to LA because of that and the birth of the new AAFC coming in 1946 which would include the Cleveland Browns.

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