Los Angeles' Bid for New NFL Stadium in Trouble, Unresolved
St. Louis Rams fans concerned with the team's possible move back to Los Angeles may finally have some positive news to cling on to.
According to a report from Yahoo! Sports, the downtown Los Angeles stadium proposal is in trouble, because of the developer's reluctance to alter terms of the deal that would be offered to any NFL team interested in coming to L.A.
The issue arises over Anschutz Entertainment Group (AEG), which would build and manage the downtown L.A. stadium, wanting to buy a minority stake in the team at a discounted rate. AEG reportedly wants anywhere from 30-50 percent of any team in its stadium.
Yahoo! Sports reports that three months ago, AEG's Phil Anschutz met with NFL commissioner Roger Goodell, Los Angeles mayor Antonio Villaraigosa and New England Patriots owner Robert Kraft. At the meeting, Goodell told Anschutz that his demands were unacceptable to the NFL and teams who could potentially move to L.A.
However, Anschutz still refuses to change the terms of the deal that Goodell and the NFL oppose, Yahoo! Sports reports.
In addition to the San Diego Chargers and Oakland Raiders, the Rams have been one team targeted to move to L.A. The Rams are a target because the team's lease agreement with the Edward Jones Dome is set to expire. Unless a deal can be reached, owner Stan Kroenke is free to leave following the 2014 season.
The Rams rejected the initial proposal to upgrade the Edward Jones Dome submitted by the St. Louis Convention and Visitor's Commission (CVC) earlier this month. The plan outlined $124 million in stadium improvements, with more than 50 percent being funded by the Rams.
The Rams are expected to make a counter offer by May 1.
This development may be considered a positive sign for a fanbase continually rocked by what it perceives as unfavorable news for the team's chances of staying in St. Louis long term. Kroenke's silence, the team agreeing to play one home game in London for the next three years and several other occurrences have caused fans to second-guess the team's commitment to staying in St. Louis.
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