Rams to pay $24 million to settle suit over St. Louis seat licenses

The Los Angeles Rams have agreed to pay $24 million to personal seat license-holders in St. Louis who had unused portions of their licenses remaining when the football team moved from St. Louis to Los Angeles in 2016.

Attorneys representing thousands of fans who brought the class-action suit against the team filed a motion for preliminary approval on Wednesday.

That follows last week’s news that the two sides had reached a settlement.

The team will give license-holders a 30 percent refund, because nine years remained on the 30-year licenses. The Rams stopped playing in St. Louis after the 2015 season, and the licenses were supposed to run through the 2024 season.

Read more: St. Louis Business Journal, St. Louis Post-Dispatch


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