The city of St. Louis has not financially committed to a proposed $1 billion stadium on the Mississippi riverfront aimed at keeping the Rams in St. Louis. NFL commissioner Roger Goodell said Wednesday at an owner’s meeting focused on relocating a team to Los Angeles that the lack of a timetable for financing the proposed St. Louis stadium was concerning.
The St. Louis Board of Aldermen has yet to see a bill that would commit $6 million in annual municipal bond proceeds to the proposed stadium through 2051.
Mayor Francis Slay’s office said the bill would be introduced this month, but the measure is not on any meeting agendas. The earliest it could be introduced is next week.
The bill faces opposition from several aldermen, led by Antonio French, who have said they will block it until Slay and other leaders develop a plan to reduce crime.