[Elvis]

[TSFH Fan]

[bluecoconuts]

So it's similar to San Diego's in that there's a lot of "We want", "We hope", "We plan", "We expect", and every little "We have"... Wonder if we'll get the details on it.

[bluecoconuts]

https://twitter.com/ward24stl/status/654019622467969025

Pretty ballsy given there's a group of Aldermen who aren't really happy with how things have been going, and the state congress having a group with the same concerns. The NFL might be happy with getting public money and using loopholes to get them, but I can't imagine they're excited about the possibility that they could be on the hook if it backfires.

[Elvis]

http://www.bizjournals.com/stlouis/news ... o-nfl.html

Task force submits stadium term sheet to NFL

Oct 13, 2015, 2:23pm CDT
Jacob Kirn


The St. Louis stadium task force appears to have finalized its financial plan to build a $1 billion National Football League stadium on the north Mississippi riverfront.

The task force has submitted a term sheet to the league, a stadium task force spokesman confirmed Tuesday, adding that the move was “requested and expected.” The term sheet likely outlines how stadium construction would be funded, and how the city of St. Louis and state of Missouri, which would own the stadium through the St. Louis Regional Convention and Sports Complex Authority (RSA), plan to share revenue with the NFL team playing there.

An NFL spokesperson declined to comment.

Stadium proponents still must secure a vote authorizing city funds at the Board of Aldermen.

That process has moved slower than expected. City officials had hoped to file a bill with the Board of Aldermen by mid-September. It has not yet been filed, and NFL Commissioner Roger Goodell told reporters earlier this month that delays on financing commitments for the St. Louis project were a concern. Alderman Antonio French is threatening a filibuster of stadium funding unless St. Louis Mayor Francis Slay develops with him and other leaders a “comprehensive” plan to reduce crime. Stadium task force co-leader Dave Peacock has said a no vote at the board could kill the project.

City and stadium leaders have contradicted one another lately.

St. Louis Comptroller Darlene Green said last week that the latest financing plan would put the city on the hook for $12 million annual payments — up from the current $6 million — through 2051. Hours later, Peacock said Green was considering an outdated plan that is no longer on the table.

[Elvis]

So what's on the term sheet?

[Rams the Legends live on]

So what's on the term sheet?

That's the billion dollar question literally.

[Elvis]

http://www.insidesocal.com/nfl/2015/10/ ... et-to-nfl/

A few thoughts on STL Task Force submitting stadium term sheet to NFL

Posted on October 13, 2015 by Vincent Bonsignore

As first reported by Daniel Kaplan, the St. Louis task force in charge of coming up with a stadium plan intended to keep the Rams in Missouri submitted a deal term sheet to the National Football League on Tuesday.

It’s a positive step for Missouri leaders, obviously. There was growing concern within the NFL last week at the Fall Owners meetings that the task force kept delaying submittal of the term sheet. So it’s significant they finally delivered on their promise.

Ultimately, though, it might not matter much.

At least as it relates to keeping the Rams.

While the term sheet provides key financial details about the proposed deal, it still needs to clear a significant hurdle getting the public money involved approved by state leaders.

St. Louis city officials have pledged $150 million of the proposed $1 billion needed to build the stadium. But that agreement must be written into legislation, voted on by the city Board of Aldermen, and signed into law by Mayor Francis Slay.

Until that happens – and there is no guarantee it ever will – it remains simply a proposal.

On top of all that, keep in mind there is a reason the task force is dealing directly with the NFL and not the the Rams – much the same way San Diego leaders are working with the NFL and not the Chargers on their stadium plan.

The Rams want out of St. Louis, and are now focused on moving the Los Angeles to play in a stadium Rams’ owner Stan Kroenke is proposing in Inglewood.

The Chargers, no longer confident San Diego can get the necessary public support to help finance a new stadium, have turned their attention on the joint stadium project they are proposing along with the Oakland Raiders in Carson.

At this point, you have three teams highly intent on moving to Los Angeles and three home markets trying to come up with plans to keep them in their current homes.

For St. Louis, that might be an uphill climb as it’s obvious Kroenke has set his sights on moving to a bigger market.

So, even though Missouri leaders might get the stadium deal finalized, that doesn’t mean the Rams will agree to sign off on it. In fact, it seems highly unlikely they will.

No matter what Missouri comes up with, expect the Rams to follow through on plans to submit relocation papers to move to Los Angeles.

That doesn’t mean Missouri efforts are for naught, though. They are obviously trying to plead to a higher court, and that is the NFL and the 31 other team owners.

The Rams relocation hopes rest on what the owners think, and it will take 24 yes votes from owners to grant that wish.

The NFL hopes to decide between the Rams Inglewood project or Raiders and Chargers Carson project by early January.

Nothing short of the future of the NFL in St. Louis – and Oakland and San Diego and Los Angeles, rests in the outcome.

[SoCalRam78]

I say this with honesty. Who the f cares? Kroenke will never spend a penny on a stadium in St. Louis even if he has to stay and the NFL prefers Inglewood to a faux stadium in Carson.

[Hacksaw]

OK, here we go. We may catch a sniff of what was on this or not. It will be interesting if the Rams even look at it. I imagine they will and it will be interesting to see if they counter. I kind of doubt they will as it might nullify the importance of their previous negotiations (or lack of),, arbitration. Or does it how more good faith exhaust all possibilities?

Either way, with out the Alderman and pesky senators and Darlene green, it could still be a hot mess. Stan doesn't want it. If the Aldermen take the fall, Peacock is vindicated publicly, the StL Rams are done and the rest will become historic. Let's hope for that result.