Dallas Cowboys owner Jerry Jones (left) with Los Angeles Rams owner Stan Krohnke ahead of an NFL playoff soccer game at the Los Angeles Memorial Coliseum on Saturday, January 12, 2018 in Los Angeles, California.
Keith Birmingham | MediaNews Group | Getty Images
The rams may have moved from St. Louis years ago, but legal proceedings over this move are ongoing in this city.
The National Football League and the Los Angeles Rams on Tuesday lost their attempts to hold a trial scheduled in January to move the team to a location in Missouri rather than the team’s former home in St. Louis.
The Missouri Court of Appeals rejected the proposal in a brief decision that did not specify the reasons for the decision. The NFL, Rams and other defendants argued that the trial should be rescheduled due to the risk of league and team bias on the part of the St. Louis-based jury.
The city, St. Louis County and the Regional Convention Center and Sports Complex are suing the NFL and the Rams. 2017, claiming The league did not adhere to its own resettlement policy and negotiated in good faith to prevent the Baranov from being resettled from the city in 2016.
The defendants in the claim are the owner of Rams Kroenke Sports & Entertainment, 31 other professional football teams and their owners.
The lawsuit requires at least $ 1 billion in damages.
The defendants have sought to move the trial out of the St. Louis area, citing Rule 51.04, which allows trial to be postponed if favoritism exists due to pre-trial publicity.
The lawsuit alleges that the city lost between $ 1.85 million and $ 3.5 million a year in entertainment and ticket taxes, another $ 7.5 million in property taxes, and $ 1.4 million in sales taxes, as a result bringing lost revenue of more than $ 100 million.
Last month, a judge in charge of the case fined four NFL owners approximately $ 44,000 for refusing to hand over financial documents in the case.
The trial, set for January, appears to have sparked friction among NFL owners. According to article ESPNRams owner Stan Kroenke angered other owners last week by trying to shift responsibility for the legal bills associated with the lawsuit onto other teams.
The Rem’s legal costs related to their move include a $ 24 million class action lawsuit settled in 2018.
The Rams have partnered with fans who have sued the team to fund their personal seat license.
NFL teams charge a one-time fee that gives fans the right to purchase season tickets and use the proceeds to fund the stadium.
ESPN reported that Dallas Cowboys owner Jerry Jones defended Krohnke at the NFL’s Fall meeting in New York. Jones is also mentioned in the St. Louis lawsuit. This suggests that Kroenke and Jones allegedly conspired to “develop a plan to move the Rams to Los Angeles and convince the other team members to approve the move.”
The lawsuit also alleges that Kroenke and Jones discussed the current SoFi stadium in Inglewood, California back in 2013. It claims that Jones “deliberately interfered” with the “reasonable expectations of the St. Louis business.”
Legends, a hotel and marketing company co-owned by Jones. got a favor from the course of Aries. The company contracted with Rams to sell sponsorships and helped land the stadium. naming rights deal with SoFi in 2019. According to Bloomberg…
Legends was founded in 2008 by a subsidiary of the New York Yankees and Cowboys, Jones Concessions LP. The parties sold most of Legends to a private equity firm. Sixth street last January. According to PitchBook, the deal was worth roughly $ 688 million, while Legends was worth $ 1.35 billion.
In addition to damages, the plaintiffs are also seeking an increase in the cost of Rams’ relocation. The Rams are valued at $ 4.8 billion, according to the company. Forbes… That’s up from $ 1.5 billion in 2015, last season for the Rams in St. Louis.