NFL, Los Angeles Rams Owner to Pay $790M to St. Louis for Relocating Team
The NFL and Rams owner Stan Kroenke have agreed to pay the city of St. Louis $790 million to settle a lawsuit filed after the team was relocated to Los Angeles, the Associated Press reported.
The settlement was announced in a joint statement from officials representing St. Louis County and the city.
"This historic agreement closes a long chapter for our region, securing hundreds of millions of dollars for our communities while avoiding the uncertainty of the trial and appellate process," St. Louis Mayor Tishaura Jones and St. Louis County Executive Sam Page said in a statement
The NFL also released a brief statement, saying that the team and St. Louis officials "have been able to fully resolve the dispute."
https://www.msn.com/en-us/sports/nfl/nfl-los-angeles-rams-owner-to-pay-dollar790m-to-st-louis-for-relocating-team/ar-AAR6f4g
