Kroenke blasts St. Louis in NFL relocation proposal

The St. Louis region is losing population and lags in economic drivers to such a degree that it cannot support three professional sports teams, St. Louis Rams owner Stan Kroenke told the National Football League in his proposal to move to Los Angeles.

The 29-page proposal also stated the game attendance in St. Louis “has been well below the League’s average” and that St. Louis’ plan to build a $1.1 billion riverfront stadium will put “any NFL Club that signs on to this proposal in St. Louis…on the road to financial ruin.”

In contrast, Kroenke’s proposal to build a $1.9 billion, 3 million-square-foot football palace in Inglewood, Calif., provides the league with “the best economic opportunity in Los Angeles,” it said.

The document is part of a proposal required by league relocation guidelines. Key owner committees are set to review the application this week in New York. The league’s full ownership will take up the issue, and may finally vote, in Houston next week.

Read more from the St. Louis Post-Dispatch


Tags:, , , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students