ST. LOUIS — A plan to divide greater than a half-billion {dollars} in settlement cash for the departure of the NFL’s Rams from St. Louis obtained ultimate approval Wednesday.
The board of the St. Louis Regional Conference and Sports activities Authority, which owns the domed stadium the place the Rams performed earlier than leaving for Los Angeles in 2016, authorized an settlement introduced Nov. 22.
The town of St. Louis will obtain $250 million, St. Louis County will get $169 million and the RSA will obtain $70 million. One other $30 million will assist pay for an enlargement of the America’s Heart conference middle, which is connected to the dome. Though the dome is within the metropolis of St. Louis, county taxpayers helped pay for it.
St. Louis pursuits sued the league and Rams proprietor Stan Kroenke after NFL house owners authorized the group’s transfer to Los Angeles in 2016. They sought greater than $1 billion in damages.
A $790 million settlement was reached in November 2021. About $275 million went to legal professional charges. That left $512 million, and curiosity introduced the entire to round $519 million.
The go well with claimed the NFL violated its personal relocation pointers, and that the league and the Rams enriched themselves on the expense of the neighborhood they deserted.
