[Hacksaw]

wow, just wow! here we go,, on the road to appealville? they should have had that all sussed out and agreed upon before settlement disclosures.

[St. Loser Fan]

Per St. Louis radio this afternoon:
-it was the NFL that stormed in and stopped the settlement going past $790 million.
-rumor has it it's a 90/10 or 80/20 split with Stan/the other owners.
-St. Louis was never ever ever ever getting an expansion team no matter how the trial ended. Further confirmed by more team reps.

[Hacksaw]

Per St. Louis radio this afternoon:
-it was the NFL that stormed in and stopped the settlement going past $790 million.
-rumor has it it's a 90/10 or 80/20 split with Stan/the other owners.
-St. Louis was never ever ever ever getting an expansion team no matter how the trial ended. Further confirmed by more team reps.

If true thats appropriately a $500M payment by ESK. Less than the prohibitive reolcation fee. It's all doable.
StL just doomed themselves for qualifying for an NFL franchise to infinity and beyond.
On a positive note, they have that distinction like no other sizable city in the US,, banned from the NFL. You go StL.

[Joe Pendleton]

Lol, somewhere Caroll Rosenbloom is laughing his ass off..

[BobCarl]

ESK allegedly promised to indemnify the other owners and has allegedly recanted. That is a wrinkle.

ESK had his legal strategy in place, but the rest of the teams "recanted" on their promise to stay out of it ... once they were forced to disclose their incomes they turned on ESK, I don't blame ESK for recanting.

[St. Loser Fan]

[Hacksaw]

I can make a case from this sort of thing that there is a reason for all derogatory lawyer jokes.

[St. Loser Fan]

I can make a case from this sort of thing that there is a reason for all derogatory lawyer jokes.

-What do you call 1,000,000 dead lawyers at the bottom of the ocean?
-I don’t know.
-A good start.

Joke told by my grandfather, who himself was a lawyer.

[St. Loser Fan]

[St. Loser Fan]

Edited to remove Dan Snyder items.

https://theathletic.com/3330464/2022/05 ... oenke-nfl/

NFL charged $7.5M per club for Rams settlement despite Stan Kroenke’s assurance

...Rams owner Stan Kroenke is still resisting pressure to pay for the entirety of the $790 million settlement of the lawsuit by Missouri government entities over the 2016 Rams relocation from St. Louis to Los Angeles. Kroenke agreed as part of the 2016 owners’ vote approving the move to indemnify the league against all legal costs.

He has since argued that legal costs and settlement payments are different, and the league was compelled to settle because of damaging information supplied by the rival group at the time, which was the bid for a stadium in Carson, Calif., by the then-San Diego Chargers and Oakland Raiders. Former Panthers owner Jerry Richardson, who was opposed to the Rams’ move, also gave damaging deposition testimony that buttressed the St. Louis argument the league violated its own bylaws, sources said.

Quietly, the league, to pay for the settlement, has already taken $7.5 million from each team, deducting the amount from each club’s revenue-sharing payments, team officials said. That’s $232.5 million from the other 31 clubs (the remainder of the settlement presumably was paid out of NFL financial reserves as it was due by the end of 2021).

The team executives described surprise at the move and complained that the action had caused budgeting issues because of the sudden charge and not knowing whether the money would be returned if Kroenke is ordered by the NFL to pay the whole sum.

The question of Kroenke’s liability initially resided with NFL commissioner Roger Goodell and the finance committee, but they later shifted the issue to a new five-owner committee charged with recommending an action.

Kroenke has support from Cowboys owner Jerry Jones, who forcefully advocated for the Rams’ move to reclaim L.A. for the NFL after a more than two-decade absence. Jones also has an interest in Legends, which sells marketing and stadium services and which the Rams hired.

Outside of Jones, it’s not clear how much support Kroenke has on what is an extremely delicate and sensitive issue. The owners can be a tight-knit club, so Kroenke appearing to go back on his indemnification promise has bruised many feelings...