The NFL and the Los Angeles Rams on Wednesday agreed to pay $790 million to settle a four-year-old lawsuit started by St. Louis-area officials after the football team moved from a midwestern city to Southern California. was done.
The Rams and the NFL signed a deal with the city and county of St. Louis and a convention center authority that owns the Rams’ former stadium, the city and county reported. Businesshala In a joint statement (news was first reported by) St. Louis Post-Dispatch,
NS new York Times It is reported that Rams owner Stan Kroenke will pay the full $790 million himself, but post dispatch And ESPN Said that the NFL and Kroenke still haven’t worked out how to split the burden.
The city and county said they had not yet decided how to spend the money.
The NFL did not promise to bring an expansion team to St. Louis as part of the agreement, post dispatch And ESPN reported.
An NFL spokesperson confirmed Businesshala The league has settled its dispute with the city and county: “We appreciate the effort by all parties to reach an agreement.”
Businesshala has reached out to Ram for comment.