Ramming Through the City Treasury May 30, 2008
Posted by Webmaster in St. Louis Local.trackback
Want to keep the Rams? Looks like you’ll have to shell out a Cool Bill to do so. Turns out that there’s an obscure clause in the deal that bought the team from Anaheim to St. Louis in 1995 that stipulates that the St. Louis stadium must rank within the top 25% of NFL stadiums, i.e. in the top eight. What exactly is meant by being a top venue is not stated here, and one assumes that it is defined in the legalese. And as it turns out, that venue we built for them in the early-to-mid 1990s, the one that St. Louis just had to have, and was good enough for Pope John Paul II to host the largest indoor gathering in the history of the United States in January 1999, is just too old and passe to square with the legalese.
Of course, with A-B about to depart St. Louis, where is this revenue going to come from?
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