St. Louis not footing bill for $700 million in upgrades to Dome
The St. Louis Rams and the city remain at odds on potential upgrades to the Edward Jones Dome, putting the team in position to break its lease at the conclusion of the 2014 season, if it desires.
According to the Associated Press, the St. Louis Convention & Visitors Commission, which operates the stadium, officially informed the Rams earlier this week it would not put into motion $700 million in publicly funded upgrades for the building. It was an expected move after the team won an arbitration with the CVC earlier this year.
The CVC had proposed far less sweeping upgrades for the stadium, and the team’s lease allows it to opt out if it does not have a stadium in the top quarter of the NFL.
The Rams did not have comment. Owner Stan Kroenke has said he is committed to remaining in St. Louis. It would not be surprising if this situation drags out slowly with the team and NFL eventually pushing for a new stadium. As long as Los Angeles remains without a team, the NFL has strong leverage.
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Brad Biggs covers the Bears for the Chicago Tribune