9:13 AM ET
Seth WickershamESPN Senior Writer
- Senior Writer for ESPN.com and ESPN The Magazine
- Joined ESPN The Magazine aft graduating from the University of Missouri.
- Although helium chiefly covers the NFL, his assignments besides person taken him to the Athens Olympics, the World Series, the NCAA tourney and the NHL and NBA playoffs.
NFL squad owners are expected to o.k. a solution Tuesday that volition person Rams proprietor Stan Kroenke reimbursing the league for the remaining $571 cardinal paid to St. Louis implicit the team's relocation to Los Angeles, aggregate proprietor and league enforcement sources told ESPN.
The NFL has already paid the $790 cardinal colony to St. Louis, but however the outgo was divided up betwixt Kroenke and the league has been a contentious contented for months.
NFL teams already person contributed a full of $219 cardinal toward the colony reached with the metropolis past year. Under the solution expected to beryllium approved astatine Tuesday's quarterly league gathering successful New York, Kroenke would beryllium liable for the remainder.
Owners would waive the league's bounds connected allowable indebtedness successful bid for Kroenke to bash so, the sources said.
The colony announced past twelvemonth ended a 4½-year-old suit filed successful the aftermath of the Rams' departure from St. Louis. Kroenke and the NFL had failed successful bids to person the suit dismissed oregon astatine slightest moved retired of St. Louis, and courts were sympathetic to the St. Louis side's effort to disclose fiscal accusation of squad owners -- rulings that hastened the propulsion for a settlement.
The suit sought much than $1 billion. It claimed the team's determination outgo the St. Louis portion millions of dollars successful amusement, summons and net taxation revenue.
Then-owner Georgia Frontiere moved the Rams from Los Angeles successful 1995 to her hometown of St. Louis, wherever they stayed for 21 seasons earlier Kroenke moved them back.
Kroenke, a Missouri existent property developer who is joined to an heir of the Walmart fortune, became a number proprietor erstwhile the squad archetypal came to St. Louis. Frontiere died successful 2008 and near the squad to her children, who sold the Rams to Kroenke successful 2010.
Not agelong aft the sale, an arbitrator awarded hundreds of millions of dollars successful improvements to the downtown domed stadium, which was built with payer wealth successful the aboriginal 1990s to pull an NFL team.
St. Louis interests initially projected a much humble upgrade, past yet projected a caller $1 cardinal stadium on the Mississippi River that would beryllium funded jointly by taxpayers, the squad and the NFL. Kroenke had already purchased onshore successful Inglewood, California.
SoFi Stadium opened successful September 2020 and is present location to the Rams and the Los Angeles Chargers, who moved from San Diego successful 2017.
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