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 by dieterbrock
6 years 7 months ago
 Total posts:   11512  
 Joined:  Mar 31 2015
United States of America   New Jersey
Hall of Fame

Does Stan still have the option to buy Rams Park for 1$ ?
I sure hope he does now...

 by Elvis
6 years 7 months ago
 Total posts:   41520  
 Joined:  Mar 28 2015
United States of America   Los Angeles
Administrator

https://www.latimes.com/sports/sportsno ... story.html

Rams settlement with St. Louis PSL holders could be worth $24 million

By NATHAN FENNO
DEC 05, 2018 | 4:30 PM

Rams settlement with St. Louis PSL holders could be worth $24 million

One of the biggest disputes remaining from the Rams relocating to Los Angeles concluded Wednesday with an agreement to pay as much as $24 million to fans who purchased personal seat licenses during the franchise’s two decades in St. Louis.

The deal, first reported by the Los Angeles Times last month, resolves three class-action lawsuits that were consolidated into one U.S. District Court case in St. Louis.

“This settlement provides a substantial benefit that matches the relief we sought in the lawsuit,” Kevin Green, an attorney for the plaintiffs, said in a statement.

The motion for preliminary approval Wednesday covers 46,000 PSLs first sold by FANS, Inc., the ticketing agent for the Rams, and later by the franchise. The PSLs, which allowed the owner to purchase season tickets for Rams games at the Edward Jones Dome, ran through 2024.

No matter where your day takes you, take Tropicana Pure Premium® with a full day's worth of Vitamin C with you.

The settlement refunds 30% of the PSL value since nine years remained on the original 30-year terms when NFL owners voted in January 2016 to approve the Rams returning to L.A. Payouts will range from $75 to $1,350 per claim depending on the PSL price tier.

If the claims exceed $24 million, each payout will be reduced on a pro-rated basis to stay under the cap.

The Rams also agreed to pay $7.2 million in fees for the plaintiffs’ attorneys, if approved by the court.

A Rams spokeswoman declined to comment.

The litigation, which started in February 2016, has been stayed since May to allow the parties to participate in two mediation sessions and reach the settlement.

 by St. Loser Fan
6 years 7 months ago
 Total posts:   10893  
 Joined:  May 31 2016
United States of America   Saint Louis MO
Hall of Fame

dieterbrock wrote:Does Stan still have the option to buy Rams Park for 1$ ?
I sure hope he does now...


I’m shocked Stan settled. Really am. I still think the league asked him to fall on the sword so that PSLs arent balked at in Washington, Buffalo or Carolina when they start demanding new stadiums soon

 by Elvis
6 years 7 months ago
 Total posts:   41520  
 Joined:  Mar 28 2015
United States of America   Los Angeles
Administrator

St. Loser Fan wrote:I’m shocked Stan settled. Really am. I still think the league asked him to fall on the sword so that PSLs arent balked at in Washington, Buffalo or Carolina when they start demanding new stadiums soon


I don't know, Koenke hasn't show any of his penchant for never giving an inch as an NFL owner that he's shown in his other businesses.

He's been a go along to get along team player since becoming majority owner of the Rams...

 by St. Loser Fan
6 years 7 months ago
 Total posts:   10893  
 Joined:  May 31 2016
United States of America   Saint Louis MO
Hall of Fame

Elvis wrote:I don't know, Koenke hasn't show any of his penchant for never giving an inch as an NFL owner that he's shown in his other businesses.

He's been a go along to get along team player since becoming majority owner of the Rams...


He’s what the owners call “an angel”.

 by Elvis
6 years 7 months ago
 Total posts:   41520  
 Joined:  Mar 28 2015
United States of America   Los Angeles
Administrator

St. Loser Fan wrote:He’s what the owners call “an angel”.


He's been incredibly accommodating to Dean Spanos who was basically trying to cut Stan's balls off for example, so i think maybe you can't really apply the usual Kroenke MO to his NFL holdings, at least not for the time being...

 by Hacksaw
6 years 7 months ago
 Total posts:   24523  
 Joined:  Apr 15 2015
United States of America   AT THE BEACH
Moderator

When you are in the process of selling PSL's (SSL's) you have to show your buyer how they will be treated ..
ESK had to, imo. The timing of this lawsuit worked out well for StL.

 by AvengerRam
6 years 7 months ago
 Total posts:   8921  
 Joined:  Oct 03 2017
Israel   Lake Mary, Florida
Hall of Fame

As a result of the settlement, Kroenke has canceled plans to install gold fixtures on the urinals at the new stadium.

 by St. Loser Fan
6 years 7 months ago
 Total posts:   10893  
 Joined:  May 31 2016
United States of America   Saint Louis MO
Hall of Fame

AvengerRam wrote:As a result of the settlement, Kroenke has canceled plans to install gold fixtures on the urinals at the new stadium.


You guys will have to suffer with just sterling silver urinals. That must really piss you off.

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875 posts Jul 14 2025