$ 790 million settlement ends St. Louis lawsuit against NFL over Rams move

$ 790 million settlement ends St. Louis lawsuit against NFL over Rams move

The lawsuit, filed in 2017 after the Rams moved to Los Angeles, alleged loss of revenue for the city and misleading the league to the fans.

The NFL and the city of St. Louis have reached an agreement for $ 790 million to end a lawsuit filed in 2017 after the Rams they will move to The Angelssaid a source with direct knowledge of the agreement to ESPN.

The deal does not include a promise from the NFL to grant St. Louis a future expansion franchise., but the idea was not seriously discussed, the source told ESPN.

It was not immediately known what portion of the settlement will be paid directly by the owner of the Rams, Stan Kroenke, compared to the rest of the league.

The Rams they moved to The Angels for the second time in franchise history in 2016, when Kroenke pulled his team from St. Louis.

The lawsuit alleged that the league broke its own moving rules, adopted in 1984, misled the public about its plans to leave the city, and cost the public millions of dollars in revenue. The league had lost many of its resources, and was denied a Supreme Court hearing.

The lawsuit, which was in the discovery stage, was scheduled to begin trial on January 10, weeks before Kroenke’s SoFi Stadium hosts Super Bowl LVI on February 13.

The case had entangled all 32 teams and cost millions of dollars in legal fees, most of them covered by Kroenke under a severance agreement that you signed as part of your move. For some teams, the cost was already eight digits.

The Rams they went from The Angels to St. Louis prior to the 1995 campaign, lured in part by a new roofed stadium paid for by taxpayers. Kroenke, a real estate millionaire and native of Missouri, was a minority owner until it was fully acquired in 2010, two years after the death of the majority owner Georgia Frontiere.

The Rams they moved in the first instance to The Angels, from Cleveland, in 1946.

News of the deal was first reported by the St. Louis Post-Dispatch.

Information from Seth Wickersham and AP was used in the writing of this note.

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