The same lease that let the St. Louis Rams skip town for Los Angeles earlier this year could eventually allow the football team acquire its 27-acre former practice facility in Earth City for $1. But a lawsuit filed Thursday seeks to stop that from happening.
The St. Louis Regional Convention and Sports Complex Authority owns the land that houses the Rams’ old practice facility, and it leased the property to the team for $25,000 per year. The lease contains a clause that would let the team buy the land for $1 in 2024.
However, the authority wants to sell the land, which was once appraised at a value of about $19 million. Proceeds from a sale could be used to help recoup the roughly $16 million spent on plans for a riverfront stadium that local leaders hoped would keep the Rams from leaving St. Louis.