Rams could pay more than $31 million to settle St. Louis PSL lawsuits

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The cost of doing business has gotten a little more costly for the Rams.

The team that left St. Louis nearly three years ago will pay up to $24 million to settle lawsuits filed by fans who had purchased Personal Seat Licenses at the facility previously known as the Edward Jones Dome.

According to the Los Angeles Times, the settlement covers 46,000 PSLs that were scheduled to run through 2024.

The payments will range from $75 to $1,350, based on the PSL. The payments are capped at $24 million; if the claims exceed that amount, they’ll be reduced on a pro rata basis.

Typically, the settlement of a class-action lawsuit entails a specific plan for providing all potential claimants with notice that they have the right to collect.

The settlement also will pay the lawyers who brought the lawsuit $7.2 million, pushing the maximum total payout north of $31 million. The entire settlement will be subject to court approval.

40 responses to “Rams could pay more than $31 million to settle St. Louis PSL lawsuits

  1. As a Rams fan with no connection to St. Louis, I’m glad this lawsuit happened. I love my team but the city got screwed over big time. Of course $31 million is peanuts compared to the value Kroenke gained in moving the team, but a little bit of justice is still justice.

    GO RAMS

  2. The league does not care about the fans if stomping on them will make them more money. PSLs are a scam, I cannot believe folks subjugate themselves to that nonsense. They make great TVs these days and you can go to the bathroom whenever you want and not miss any action.

  3. You mean to tell me people that purchased PSLs from the Rams had to sue to get reimbursed their money? Kroenke is one greedy and unethical s.o.b.!

  4. 31 million doesn’t hurt as bad as resetting the franchise SB wins back to Zero. The Indianapolis Colts don’t get credit for Baltimore Colts SB win, and The LA rams can make no claim to the titles they won in STL. Kurt, Bruce, and Holt didn’t play in LA

  5. Good deal. That’s about $2 million less than my Jags spent letting Bortles slam the SB window shut.

  6. Wow…I’m shocked it took a lawsuit to get the team to pay up. If You charge me a ridiculous price to buy the right to pay for a seat…and then you leave!!! Yeah, refunds are in order stat!

  7. If the fans are only getting a prorated portion of what they spent then it’s a crime and Kroenke should be ashamed. Bad enough they had to sue to get it. Once again proof to all the idiots that follow a team that the team couldn’t care less about them. All they are are $$$ signs and marks to the NFL. I will watch it on TV but I am not stupid enough to actually spent one $$$ on the NFL.

  8. Gee, you think Kroenke can afford that? He may have to scale-down construction on his 6th mega-mansion so it’s just a mansion, or cut his budget on buying politicians to give him massive tax cuts. Oh, he’ll just increase concession and parking costs at the stadium and pass the cost on to the suckers.

  9. That’s an average of just over $500 for each PSL while the lawyers make over $7 million. That’s our legal system, folks! But at least these folks did considerably better than I made out a few years back when I got like $30 from a class action suit for bad siding on my house.

  10. I am waiting for my five dollars I will probably get from the equifax breach trial. Meanwhile I have to straighten out the mess my credit has become because of it. Yay!

  11. Stan Kroenke – net worth $8.50 billion dollars and his wife Ann Walton Kroenke – net worth $6.80 billion dollars….so a measly 15.3 billion dollars between the couple…..repayment of a possible 31 million dollars on some old PSL’s in a city they moved their football team from years ago…..that isn’t even pocket change to this couple!!!!!

  12. Now, this is typical of the NFL’s messed up “relocation” policy. While the issues are different, the LA Chargers move has failed miserably. The Rams own LA. The Chargers won’t survive because of too many other competing professional sports options for the consumer dollar in LA. Also, because the LA Chargers won’t survive, potential PSL purchasers would be on the hook like those St. Louis if the LA Chargers were sold as any new owner would move the team. The LA Charger management has trapped themselves into a $650,000,000 relocation fee which must be paid off in 8 years. They also have committed to long term contracts. They own nothing and are renting everything in LA and Orange County. They’ve crashed their Kroenke Stadium seat prices and PSL’s. Mr’s Spanos, Fabiani and Goodell have a huge problem on their hands. The Las Vegas Raiders up next. It’s a looming mess.

  13. The word “fan” is a synonym for “sucker”. As another post pointed out, a far better range of tv’s available, and who needs the hassle of going to a stadium paying for the exorbitant costs, dealing with drunken crogmagnons in the stands?

  14. I think all NFL fans should boycott ticket sales for just one year, watch on TV and see what the owners are willing to do for the fans after that. Wont happen but it should……

  15. 49 years in LA, 21 in STL. That is LA’s team, a wrong was righted. Sorry STL, you should have built Bidwell that dome or you should have had Kroenke be the main bidder for the expansion f 1993. You screwed yourself. LOS ANGELES RAMS Florio and STL…let me say it again…LOS ANGELES RAMS 2017/2018 NFC WEST Champions..oh you should keep that Superbowl trophy, we don’t want it.

  16. The St. Louis Rams will always be the “St. Louis Rams.” I still can’t take it upon myself to call the Chargers the “Los Angeles” Chargers as well. These teams keep relocating with owners thinking it’s going to help them out in the end but all it does is piss off these fanbases. I’ll even make it a point to say that the Raiders should remain in Oakland.

  17. footballseasonrules says:
    December 6, 2018 at 12:46 pm
    The St. Louis Rams will always be the “St. Louis Rams.” I still can’t take it upon myself to call the Chargers the “Los Angeles” Chargers as well. These teams keep relocating with owners thinking it’s going to help them out in the end but all it does is piss off these fanbases. I’ll even make it a point to say that the Raiders should remain in Oakland.
    —————————————
    If you are going down that road then it should be the the St Louis Cardinals, The Baltimore Colts & Houston Oilers. BTW the Chargers started out in LA and moved to San Diego in 1961 but that was before my time.

  18. So there has been talk of a new stadium or renovation for the Buffalo Bills. PSL’s are one of the issues that owners Terry and Kim Pegula have. They know Buffalo is a small market team so Kim came out saying she is against PSL’s in Buffalo.
    Say what you want about the Buffalo Bills, but their owners appear to be decent people. They do a lot of things in the Buffalo area and they never say we did it. Things like fall Fest in downtown Buffalo and a spring carnival. Buffalo is fortunate to have this ownership.
    I truly feel bad for the fans of teams that have moved.

  19. $75 to $1,350? wow, did Rams PSL holders get screwed. PSLs, at their lowest cost are in the $1,000 range, going up to 25-50 times that amount; depending on the team/market. After the lawyers take their 30-40% cut, these Rams fans are left with nothing but a shaft (use your imagination)

    the real issue here is why we as citizens allow the NFL (NBA, MLB, etc) to have the federal protections they do. unlike any other form of business whether it’s an automaker, an airline, a coffee shop, a dry cleaners, etc where there are no barriers to entry (per law!) other than the economic and intellectual capital needed…yet we allow 30-32 owners to have a monopoly in these industries (per law!) and we allow them to screw over the citizens that make them billionaires. it’s insane.

    if professional sports franchises had to play by the same rules every other business had to play under then someone catching a ball for a living wouldn’t be making $200 million, we wouldn’t have to pay $300 to go to a silly game or get screwed when one of these monopolies sees a better opportunity. again, insanity.

    why? it’s beyond criminal, un-American etc…and yet no one seems to care or do anything about it.

  20. jjackwagon says:
    December 6, 2018 at 12:56 pm
    footballseasonrules says:
    December 6, 2018 at 12:46 pm

    The St. Louis Rams will always be the “St. Louis Rams.” I still can’t take it upon myself to call the Chargers the “Los Angeles” Chargers as well. These teams keep relocating with owners thinking it’s going to help them out in the end but all it does is piss off these fanbases. I’ll even make it a point to say that the Raiders should remain in Oakland.

    —————————————

    If you are going down that road then it should be the the St Louis Cardinals, The Baltimore Colts & Houston Oilers. BTW the Chargers started out in LA and moved to San Diego in 1961 but that was before my time.

    __________________________________________________________

    I’m only going off of when I first started watching football because I’m still young in my twenties. Although the Houston Oilers relocated, at least this led to the league expanding. There was a time in NFL history when the Carolina Panthers, Houston Texans, Baltimore Ravens, and Jacksonville Jaguars didn’t exist. Teams are relocating nowadays and no “new” teams are coming in. The league still has 32 teams. This isn’t right for the fans in the very least for these teams to keep moving around. Seeing the Chargers play in LA and with the Raiders later moving to Las Vegas, it just doesn’t feel right. LA doesn’t need two NFL teams. I’ve always considered LA to be more of a MLB and NBA city.

  21. “But at least these folks did considerably better than I made out a few years back when I got like $30 from a class action suit for bad siding on my house.”
    _________

    You had the option to opt out of that $30 settlement and try for more on your own. Of course, you would have had to hire and pay for your own attorney and experts, as opposed to riding on the coattails of class counsel for free. In reality, your claim probably wasn’t worth more than $30.

  22. “The LA rams can make no claim to the titles they won in STL. Kurt, Bruce, and Holt didn’t play in LA”

    Depends if you’re more of a fan of the team or the city they played in. The franchise has ownership of the title.

    Todd Lyght, D’Marco Farr and Isaac Bruce all started their careers in LA.

  23. If you’re bashing the lawyers here, you just might be a dimwit. You’d think all it took was for the lawyers to make a phone call to get the $24M. SMH.

    The Court would have been required to approve the lawyer’s fee. Normally, the fee needs to bear some resemblance to the hours spent on the case.

    That’s our country now. A bunch of know-nothings getting their education from the internet and false stereotypes.

    Also…the PSL owners didn’t need to hire a lawyer. They could have done it themselves pro per. Know how far they would have gotten??

  24. Every team goes through its ups and downs and I can assure you LA will not support the Rams if they have two losing seasons in a row. Its coming. That new stadium Kroenke is building will be a 5 billion dollar ghost town on Sundays. I am in St. Louis and many of us have moved on….we will always remember the Greatest Show on Turf who played against much tougher defenses in a era where Kurt Warner got pummeled every week. (you could actually touch the QB back then)

    I don’t hate the LA fans, they should be proud and happy the Rams are back. But the way Kroenke left STL with the scorched earth style that he did just ended up throwing gasoline on the flame. This lawsuit is one of three…the BIG one is still on the books. And if you are tired of Goodell and Jerry Jones, you should pay close attention to this lawsuit. Because Kroenke Jones Goodell and other owners will end up taking the stand and the NFL may have to open its books, which it has NEVER had to do… Don’t be surprised if in order to settle this suit the NFL mystically and magically figures out how to give STL another franchise. Rebrand the Chargers to STL and leave the name and colors in San Diego. Slime balls

  25. I know a ST Louis ticket broker that said Rams referred all PSL refund questions back to the ticket brokers when in fact, they didn’t collect PSLs. They sold game tickets which were seperate from PSL.

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