Transic_nyc
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RE:
The worm continues to turn...
Quote:St. Louis may be moving closer to a potential expansion team, if it wants one.
Earlier this month, we outlined the factors that could result in the league throwing up its hands and accepting defeat in the Rams relocation litigation. One key ingredient to that specific outcome will be Rams owner Stan Kroenke successfully reneging on his promise to foot the full bill for the lawsuit and judgment, if any.
“Although . . . Kroenke has agreed to indemnify the rest of the league for whatever the verdict may be — and although the lawyers have told the other owners that the indemnity commitment is ironclad — there’s a concern that the eventual judgment in the case could be big enough to get Kroenke to try not to honor it,” we wrote on October 9.
As explained by Seth Wickersham of ESPN.com, NFL general counsel Jeff Pash informed the owners on Tuesday (after Kroenke was asked to leave the room) that Kroenke is challenging the indemnity agreement that he signed when receiving permission to move in 2016. Giants co-owner John Mara reportedly called Kroenke’s position “ridiculous,” explaining that the owners never would have voted to authorize the move from St. Louis to L.A. without the indemnity agreement.
Cowboys owner Jerry Jones, who has long supported Kroenke’s L.A. move (and whose Legends Hospitality has profited from the relocation), defended Kroenke. Jones blamed the league’s current legal peril on the fact that the sworn deposition given by an unidentified owner was “shaky.”
Kroenke reportedly blames the current legal issues on the competing proposal to build a Carson stadium for the Raiders and Chargers. The Carson proposal supposedly outlined the various ways that allowing the Rams to move to Inglewood would violate the terms of the league’s relocation policy. Kroenke believes that proposal provided a blueprint for the St. Louis suit.
Jones reportedly said that Kroenke may sue over the indemnification agreement. If Kroenke prevails, the league will be on the hook for the outcome of the St. Louis litigation. And that will raise the chances dramatically of the league offering St. Louis an expansion team as part of a settlement.
https://profootballtalk.nbcsports.com/20...tner=Yahoo
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10-27-2021 10:05 PM |
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Wedge
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RE: NBC Sports: Could St. Louis emerge from Rams relocation case with an expansion team?
Quote:Kroenke reportedly blames the current legal issues on the competing proposal to build a Carson stadium for the Raiders and Chargers. The Carson proposal supposedly outlined the various ways that allowing the Rams to move to Inglewood would violate the terms of the league’s relocation policy. Kroenke believes that proposal provided a blueprint for the St. Louis suit.
Oh, so we’ve uncovered more evidence that Dean Spanos is a prick. Maybe Spanos should indemnify the league for the legal fees.
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10-27-2021 11:29 PM |
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DexterDevil
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RE: NBC Sports: Could St. Louis emerge from Rams relocation case with an expansion team?
(10-19-2021 12:18 PM)GoodOwl Wrote: Me no unnerstand...they have the Blues and baseball already. There's no other major league sports these days.
Theyll have an MLS Franchise come 2023 as well.
Sent from my SM-A205U using Tapatalk
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10-28-2021 06:49 AM |
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vandiver49
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RE: NBC Sports: Could St. Louis emerge from Rams relocation case with an expansion team?
(10-27-2021 11:29 PM)Wedge Wrote: Quote:Kroenke reportedly blames the current legal issues on the competing proposal to build a Carson stadium for the Raiders and Chargers. The Carson proposal supposedly outlined the various ways that allowing the Rams to move to Inglewood would violate the terms of the league’s relocation policy. Kroenke believes that proposal provided a blueprint for the St. Louis suit.
Oh, so we’ve uncovered more evidence that Dean Spanos is a prick. Maybe Spanos should indemnify the league for the legal fees.
The Carson thing doesn't make any sense in relation to the Rams. In reality I think the SoFi cost overruns are what have really put Kroenke in this predicament. Had the stadium cost $4B, then I think he could stomach the fines alone. But $6.22B for a stadium along with with a $1B vig is apparently too rich for Stan's blood.
The above perspective also clarifies the other owners' pushback. If it was going to cost a billion of league funds and legal discovery to get the Rams to LA, they would have come out cheaper giving the money to Davis and Spanos to fund the Carson project. Granted, I think the stadium would have actually been around $3B, but those moves would have lacked the entanglements that have come with the Rams.
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10-31-2021 08:23 PM |
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Wedge
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RE: NBC Sports: Could St. Louis emerge from Rams relocation case with an expansion team?
(10-31-2021 08:23 PM)vandiver49 Wrote: (10-27-2021 11:29 PM)Wedge Wrote: Quote:Kroenke reportedly blames the current legal issues on the competing proposal to build a Carson stadium for the Raiders and Chargers. The Carson proposal supposedly outlined the various ways that allowing the Rams to move to Inglewood would violate the terms of the league’s relocation policy. Kroenke believes that proposal provided a blueprint for the St. Louis suit.
Oh, so we’ve uncovered more evidence that Dean Spanos is a prick. Maybe Spanos should indemnify the league for the legal fees.
The Carson thing doesn't make any sense in relation to the Rams. In reality I think the SoFi cost overruns are what have really put Kroenke in this predicament. Had the stadium cost $4B, then I think he could stomach the fines alone. But $6.22B for a stadium along with with a $1B vig is apparently too rich for Stan's blood.
The above perspective also clarifies the other owners' pushback. If it was going to cost a billion of league funds and legal discovery to get the Rams to LA, they would have come out cheaper giving the money to Davis and Spanos to fund the Carson project. Granted, I think the stadium would have actually been around $3B, but those moves would have lacked the entanglements that have come with the Rams.
The Carson project was a mirage. Spanos and Davis are so cash-poor that they didn’t even have the money up front to buy the land where they were proposing to build — they only signed a deal that gave them an option to buy it. They would have had to borrow every penny of the cost, and it was a barebones design at that, not up to the standard of any of the recently built NFL stadiums.
Spanos was just hoping that the other NFL owners disliked Kroenke so much that they would take any excuse to block him, but Kroenke probably sealed the vote in his favor by agreeing he would let a second team play in his new stadium.
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10-31-2021 08:31 PM |
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vandiver49
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RE: NBC Sports: Could St. Louis emerge from Rams relocation case with an expansion team?
(10-31-2021 08:31 PM)Wedge Wrote: The Carson project was a mirage. Spanos and Davis are so cash-poor that they didn’t even have the money up front to buy the land where they were proposing to build — they only signed a deal that gave them an option to buy it. They would have had to borrow every penny of the cost, and it was a barebones design at that, not up to the standard of any of the recently built NFL stadiums.
Spanos was just hoping that the other NFL owners disliked Kroenke so much that they would take any excuse to block him, but Kroenke probably sealed the vote in his favor by agreeing he would let a second team play in his new stadium.
Agreed on the Carson project. It wouldn't have gotten off the ground without league funding. And the thought of giving $3B to Spanos and Davis was a non-starter. Ultimately this is just billionaire posturing. Goddell will end up with some compromise using league funds to pay a 3rd of the cost and giving Kroenke extra Super Bowls.
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11-02-2021 03:12 AM |
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EPJr2
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RE: NBC Sports: Could St. Louis emerge from Rams relocation case with an expansion team?
(10-20-2021 11:26 PM)Wedge Wrote: (10-20-2021 08:52 PM)goofus Wrote: Imagine the NFL expanding to 40 teams total adding 8 new expansion teams.
No thanks. There are not enough quality QBs for 32 NFL teams, let alone 40.
there is if you know how to scout and is willing to pay.
(This post was last modified: 11-03-2021 03:55 PM by EPJr2.)
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11-03-2021 03:54 PM |
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Transic_nyc
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RE:
Moar pro football?
Quote:If/when the NFL offers St. Louis an expansion team in an effort to resolve the Rams relocation litigation, the league wouldn’t move to an odd number of teams. The league would add a second team, if it adds a first one.
Which gives rise to a bigger question. How many more teams could the NFL eventually add?
Regardless of whether the league successfully expands the regular season to 18 games in order to increase inventory for betting purposes (it wants to do it; the question is when it can persuade the NFL Payers Association to do it), adding teams adds inventory, too. With more and more young, capable quarterbacks entering the NFL, it’s not crazy to think that the talent pool from college football can support 34, 36, 38, or even 40 teams.
Yes, 40 teams. If the expansion process from 32 begins, 40 becomes the natural ending point. That would result in eight divisions of five teams each. And it would make sense at that point to have 16 playoff teams.
There could even be a preliminary round that trims a field of 20 teams to 16, with six teams in each conference getting a bye and four others playing in a new wild-card round, locking in a field of eight teams per conference.
So where would the teams be headquartered? Obviously, St. Louis. London, which has two NFL-ready stadiums, would have two (like L.A.). And then it would be time to find five other domestic markets.
https://profootballtalk.nbcsports.com/20...it-sounds/
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11-17-2021 09:35 AM |
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Transic_nyc
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11-19-2021 11:12 PM |
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Wedge
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RE: NBC Sports: Could St. Louis emerge from Rams relocation case with an expansion team?
Quote: 32% of respondents would like to see an NFL team in St. Louis (whether by granting an expansion franchise or relocating the Los Angeles Chargers)
Forcing Spanos to move his team out of LA and into that old dome in St. Louis would be rough justice for his idiocy in giving St. Louis a roadmap to sue the NFL.
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11-20-2021 03:17 AM |
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chargeradio
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RE: NBC Sports: Could St. Louis emerge from Rams relocation case with an expansion team?
Ironically, that would solve the TV headache created when the Rams moved to LA. The Chargers could even stay in the AFC West, although they would have an AFC South team located further north (Colts) and west (Texans) than them.
The Rams and Chargers both being the home team in Southern California makes it difficult to schedule them as they would in theory be on TV at the same time, since the 10 AM Pacific window isn't really usable on the West Coast.
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11-20-2021 12:56 PM |
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Wedge
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RE: NBC Sports: Could St. Louis emerge from Rams relocation case with an expansion team?
Same issue with Jets and Giants, but for some reason we don’t hear anyone saying the Jets should move to St. Louis.
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11-20-2021 01:41 PM |
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Fighting Muskie
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RE: NBC Sports: Could St. Louis emerge from Rams relocation case with an expansion team?
(11-20-2021 12:56 PM)chargeradio Wrote: Ironically, that would solve the TV headache created when the Rams moved to LA. The Chargers could even stay in the AFC West, although they would have an AFC South team located further north (Colts) and west (Texans) than them.
The Rams and Chargers both being the home team in Southern California makes it difficult to schedule them as they would in theory be on TV at the same time, since the 10 AM Pacific window isn't really usable on the West Coast.
That’d make the AFC West:
Vegas
Denver
Kansas City
St Louis
Not a bad regional grouping.
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11-21-2021 06:06 PM |
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Transic_nyc
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RE:
Well, it was a nice thought but the NFL chose to hand out cash.
https://www.stltoday.com/sports/football...62d03.html
Quote:ST. LOUIS — Lawyers have struck a deal to settle the four-year-old Rams relocation lawsuit for $790 million, sources with direct knowledge of the negotiations told the Post-Dispatch on Wednesday.
By mid-morning, lawyers were working to notify all NFL owners. NFL Commissioner Roger Goodell approved the settlement before noon. The settlement ends the lawsuit. The league will pay the money within a month, and will determine internally how much will be shouldered by Los Angeles Rams owner Stan Kroenke, and how much by the league and owners.
"It's done," said former St. Louis Circuit Judge Jack Garvey, who mediated the deal.
St. Louis and St. Louis County officials were working on statements Wednesday morning.
The settlement does not include an expansion football team for St. Louis, a source said.
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11-24-2021 01:50 PM |
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Wedge
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RE: NBC Sports: Could St. Louis emerge from Rams relocation case with an expansion team?
The NFL distributes so much money among its 32 owners every year that kicking $790 million to St. Louis is more economical for the league than dividing NFL revenue among 34 or 36 teams instead of 32.
On top of that, if St. Louis had received a franchise, someone would have had to pay for it at the going rate for expansion teams, as the Tampa Bay Rays owners did when they got a franchise to settle the lawsuit over MLB blocking the Giants from moving there. So this payout is a great deal for St. Louis, given that AFAIK no one was offering to pay $3 billion for an expansion team there.
Must be a lot of skeletons in the NFL closets for them to pay this much. Jon Gruden is probably thrilled at the thought of how much the NFL will have to pay him to keep the owners’ skeletons out of the public eye.
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11-24-2021 02:30 PM |
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