The St. Louis Rams may be even closer to relocating to Los Angeles after the latest proposal to upgrade St. Louis’ Edward Jones Dome was rejected, according to the St. Louis Post-Dispatch.The rejected proposal would make Edward Jones Dome a “top tier” NFL facility, which is what the Rams desperately want as a condition of sticking around.
Construction would cost an astonishing $700 million to complete and also force the local economy to lose millions in revenue from conventions that won’t be held while the project is being finished.
The Rams provided the $700 million proposal as a counteroffer after the St. Louis Convention and Visitors Commission’s $124 million proposal was deemed insufficient.
Negotiating will probably be handled by an arbitrator soon, but if an agreement can’t ultimately be reached the Rams will be able to move to a new city after the 2014 season.
In the event of relocation Los Angeles looks like the most likely destination, not only because there’s a stadium ready to be built but because Rams owner Stan Kroenke hasn’t been shy about LA being an “option.”
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