St. Louis gets its $790 million, just in time for Christmas

USA TODAY Sports

St. Nick had an extra special present for the folks in St. Louis.

Via Ben Frederickson of the St. Louis Post-Dispatch, the Rams relocation settlement check has cleared.

That’s a total payout of $790 million, with $276.5 million of that amount going to a pair of law firms that will be having a very Merry Christmas and an incredibly Happy New Year. Especially since the fee works out to an average of $10.6 million per equity member of each firm.

This leaves $513.5 million for the various St. Louis entities that sued the NFL over the decision of the Rams to return to L.A. after the 2015 season. It’s not chump change, but it shows that the plaintiffs had the league on the run. They could have gotten more at trial. They could have, in theory, gotten so much that the league would have offered an expansion team as part of an effort to make it all go away.

They’s not to say they did the wrong thing by settling. Litigation entails risk. They took a large bird in the hand. There quite possibly was a far bigger bird in the bush. We’ll never know what it may have been.

But we do know this. The NFL coughed up more than three quarters of a billion dollars to clean up the mess that was made when the Rams left St. Louis.

17 responses to “St. Louis gets its $790 million, just in time for Christmas

  1. I believe it is safe to say there won’t be an NFL Franchise in St Louis in the near and sistant future!

  2. I agree with the article. I think they should have gotten an expansion team and significant funding for a new stadium. Can’t wait to see how the WFT situation plays out

  3. This entire thing was ludicrous. The City breached it’s contractual obligation to the Rams to maintain the Jones Dome as a top flight stadium way before the Rams moved. The Rams waited patiently for years for the City to fulfill its obligation. How much longer were the Rams supposed to wait?

  4. gibson45 says:
    December 24, 2021 at 1:50 pm
    This entire thing was ludicrous. The City breached it’s contractual obligation to the Rams to maintain the Jones Dome as a top flight stadium way before the Rams moved. The Rams waited patiently for years for the City to fulfill its obligation. How much longer were the Rams supposed to wait?
    —–
    The league doesn’t roll over and settle for 3 quarters of a billion dollars if they have a case. The NFL just doesn’t do that. So no matter what you think or feel the Rams breached the contract. They knew it and they settled.

  5. What NFL Owner in his right mind would even think about moving their team to St. Louis?

  6. The loss was spread out by all the owners probably…22 million a pop …..not that much to them so their dirty laundry isn’t aired .

  7. The NFL and Rams didn’t even follow their own published relocation protocols and got exactly what they deserved for being arrogant enough to think they could do whatever they wanted. My hope is that Kroenke got stuck with the entire bill.

  8. Will Kroenke reimburse the NFL?
    If not, then as an owner I’d have a vendetta against the Rams and Goodell for letting it happen.

  9. In the grand scheme of things and the 4 Billion dollar a year industry.. its chump change to make it go away….

  10. And worth every penny to get the Rams back home and out of that two-bit town and dungeon of a stadium.

  11. Bottom line for Kroenke is that $790M was just part of the investment cost. He spent $5 Billion building the new stadium. It would not shock me to learn that he’d planned on the expense and the bottom line was lower than his projection.

    Meanwhile, is that dome still standing in St. Louis? When did its cost finally get paid off? What benefits will the St. Louis taxpayers receive from this winfall?

  12. Oh, well maybe the K C Chiefs might play a pre season game in St. Louis once a decade.

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