((HT: Fox2Now))
With all the talk of St. Louis Rams owner Stan Kroenke buying his land in Inglewood, California and wanting to build a stadium near Hollywood Park and The Forum, the city who currently hosts the Rams doesn't seem to be in a whole lot of a hurry to talk to the Rams any more.
The city claims that they have been up front and have wanted to negotiate with the Kroenkes, but the family doesn't seem to be interested.
Here's the talk from St. Louis about their confidence of having a tenant for the Edward Jones Dome- even if it isn't the Rams long-term.
This approach has been consistent with the city's approach the whole time- patience and prudence in the face of impending financial doom at the loss of of a primary tenant of their signature building. The city still feels that they may need that new building instead of continued renovation of the "Ed."
Which might be their downfall...
Showing posts with label St. Louis Convention and Visitors Commission. Show all posts
Showing posts with label St. Louis Convention and Visitors Commission. Show all posts
Monday, January 5, 2015
Friday, July 5, 2013
St. Lous Rejects Rams Proposal for Renovation Gives Team Out Opportunity
((ht: stltoday.com))
Yes, there already is lots of buzz about this in Los Angeles. While the Lakers may have lost Dwight Howard, the city may have the opportunity to regain their Rams.
That's because of the renewed impasse between the St. Louis Rams and the organization operating the Edward Jones Dome.
The team and the Convention and Visitors Commission have been haggling for two years now over renovations to the dome. A clause in the contract between the two parties stipulates the stadium needs to be a top facility among NFL stadiums.
It apparently isn't.
The Rams submitted a proposal, that would've cost the city some $700 million that they don't have, the city countered with a $200 million proposal that was a bit more doable.
The case went to arbitration, and the Rams won.
The new part of this ongoing battle is the CVC telling the Rams this week we're willing to negotiate but won't and can't do a $700 million renovation.
Read more from the St. Louis Post-Dispatch RIGHT HERE
The Hollywood Reporter has a Los Angeles perspective RIGHT HERE
Here's what this means to you:
If you live in St. Louis, there's a really good chance your team could leave. The impasse gives the Rams an out. The lease on the stadium becomes a year-to-year deal beginning in 2014. And the Rams can decided whether or not they want to stay.
And it makes sense. Why should the people of cash strapped St. Louis pony up all the money for this? Why can't gazillionaire Stan Kroenke at least pay for a good portion of the $700 million? It's not like he couldn't afford it if he wanted to.
But, if you live in LA, this means you could have a new/old team. With all the talk over the past couple of seasons about a stadium being built in town to accommodate the NFL, this makes that a possibility.
Don't get too excited.
The league, as much as they want a team in Los Angeles, hasn't been overly excited about relocation. That's not to say it won't happen, it could, but we think something will get worked out.
Either way, it's something to watch, it could be a west-coasters dream come true, a real, golden opportunity for the NFL to return to the country's #2 TV market.
Here's the look from Fox2 in the current home of the team
((HT: Fox2Now.com))
Yes, there already is lots of buzz about this in Los Angeles. While the Lakers may have lost Dwight Howard, the city may have the opportunity to regain their Rams.
That's because of the renewed impasse between the St. Louis Rams and the organization operating the Edward Jones Dome.The team and the Convention and Visitors Commission have been haggling for two years now over renovations to the dome. A clause in the contract between the two parties stipulates the stadium needs to be a top facility among NFL stadiums.
It apparently isn't.
The Rams submitted a proposal, that would've cost the city some $700 million that they don't have, the city countered with a $200 million proposal that was a bit more doable.
The case went to arbitration, and the Rams won.
The new part of this ongoing battle is the CVC telling the Rams this week we're willing to negotiate but won't and can't do a $700 million renovation.
Read more from the St. Louis Post-Dispatch RIGHT HERE
The Hollywood Reporter has a Los Angeles perspective RIGHT HERE
Here's what this means to you:
If you live in St. Louis, there's a really good chance your team could leave. The impasse gives the Rams an out. The lease on the stadium becomes a year-to-year deal beginning in 2014. And the Rams can decided whether or not they want to stay.
And it makes sense. Why should the people of cash strapped St. Louis pony up all the money for this? Why can't gazillionaire Stan Kroenke at least pay for a good portion of the $700 million? It's not like he couldn't afford it if he wanted to.
But, if you live in LA, this means you could have a new/old team. With all the talk over the past couple of seasons about a stadium being built in town to accommodate the NFL, this makes that a possibility.
Don't get too excited.
The league, as much as they want a team in Los Angeles, hasn't been overly excited about relocation. That's not to say it won't happen, it could, but we think something will get worked out.
Either way, it's something to watch, it could be a west-coasters dream come true, a real, golden opportunity for the NFL to return to the country's #2 TV market.
Here's the look from Fox2 in the current home of the team
((HT: Fox2Now.com))
Friday, June 1, 2012
STL CVC to Rams: No thanks on your renovation play
((ht: stltoday.com))
Well, that didn't take very long.
The St. Louis Convention and Visitors Commission at least did take a look at the Rams proposal for an overhaul of the Edward Jones Dome.
They looked at the extravagant plan that the city believes will cost in the neighborhood of $700 million and said "Uh...no thanks".
The Rams plan was a counter to the CVC's plan, which came in at a more modest $124 million estimate.
Oh...and apparently if the two sides don't agree on the renovation, it heads to an arbitrator after June 15th.
Read the St. Louis Post-Dispatch story RIGHT HERE
Folks, this one may get ugly.
The Rams are pushing hard because of a clause in their lease with the dome that states it has to be a "Top" facility in multiple categories by 2015. And no, nobody knows exactly what that means.
As much as we tend to lean optimistic on these type of deals getting done, we're a bit more skeptical here. Both sides are VERY far apart. And we get the CVC's concern over losing business while the place is closed for the work.
And since we don't live in STL, we don't know how much booking is done there during the off-season.
We also know there are multiple parties in a certain large, NFL-less city out West who are anxiously monitoring this. And they should be.
As many of you know, we've stated that any "New" or "Major" renovation to a perfectly good stadium is a waste of money. Unless you are an NFL owner trying to maximize revenue.
If they do come to an agreement on renovation, expect that the good people of St. Louis to pay a lot more money to buy tickets. We think the team will be better in the upcoming years and thusly, attendance will grow. And much like other teams around the NFL, the Rams owners will continue to price out people who can't afford tickets.
The question we have is, if they do a "Major" renovation, where does the team play while the work is being done?
And yes, if there is an "In-House" favorite franchise to be moved, this would be the one.
 |
| Rams proposal/Ctsy: hks sports/stl.com |
Well, that didn't take very long.
The St. Louis Convention and Visitors Commission at least did take a look at the Rams proposal for an overhaul of the Edward Jones Dome.
They looked at the extravagant plan that the city believes will cost in the neighborhood of $700 million and said "Uh...no thanks".
The Rams plan was a counter to the CVC's plan, which came in at a more modest $124 million estimate.
Oh...and apparently if the two sides don't agree on the renovation, it heads to an arbitrator after June 15th.
Read the St. Louis Post-Dispatch story RIGHT HERE
Folks, this one may get ugly.
The Rams are pushing hard because of a clause in their lease with the dome that states it has to be a "Top" facility in multiple categories by 2015. And no, nobody knows exactly what that means.
As much as we tend to lean optimistic on these type of deals getting done, we're a bit more skeptical here. Both sides are VERY far apart. And we get the CVC's concern over losing business while the place is closed for the work.
And since we don't live in STL, we don't know how much booking is done there during the off-season.
We also know there are multiple parties in a certain large, NFL-less city out West who are anxiously monitoring this. And they should be.
As many of you know, we've stated that any "New" or "Major" renovation to a perfectly good stadium is a waste of money. Unless you are an NFL owner trying to maximize revenue.
If they do come to an agreement on renovation, expect that the good people of St. Louis to pay a lot more money to buy tickets. We think the team will be better in the upcoming years and thusly, attendance will grow. And much like other teams around the NFL, the Rams owners will continue to price out people who can't afford tickets.
The question we have is, if they do a "Major" renovation, where does the team play while the work is being done?
And yes, if there is an "In-House" favorite franchise to be moved, this would be the one.
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