St. Louis Rams: Franchise's Plan for Edward Jones Dome Due to CVC Tuesday
The plan the Rams will submit to the CVC is a counter to the $124 million proposal the St. Louis agency initially offered that was rejected back in March. Under the CVC's proposal, the Rams would be responsible for financing more than 50 percent of the $124 million upgrades, which included window panes in the roof for more natural light, expanded club seats, a larger video scoreboard and a three-story structure on Baer Plaza that would provide an additional entrance.
In the St. Louis Post-Dispatch on Monday, the CVC said the Rams' counteroffer would not be available for public review because the two sides agreed to negotiate confidentially. Because public money would pay for most of the renovations being discussed, the CVC's statement has come under scrutiny, and many wonder whether Sunshine Laws would force the plan to be released to taxpayers.
The Rams and CVC need to come to agreement on a new lease deal by June 15, or they will enter arbitration that could last several months. If an agreement is still not reached, the Rams' lease would become a year-to-deal deal after the 2014 NFL season, permitting the team to leave St. Louis.
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