Officials Present $120 Million Plan To Keep Rams In St. Louis
The St. Louis Convention and Visitors Commission (CVC) presented a $120 million plan detailing improvements to Edward Jones Dome in the hopes of preventing the team from moving, according to STLToday.com.
"I've seen it,” St. Louis Mayor Francis Slay said of the proposal. “I've read it. I think it's a very strong proposal that meets the requirements of the lease, which are to bring the components of the stadium that are listed in the lease up to top tier. We're just waiting to hear back from the Rams."
The proposal includes many aesthetic improvements to the stadium, including a brand new scoreboard over midfield, large glazed window panels and a new three-story structure that would have a rooftop beer garden, according to STLtoday.com.
There has been speculation that the Rams could move back to Los Angeles – speculation that was fueled by news that Rams owner Stan Kroenke put in a bid to buy the Los Angeles Dodgers, according to STLToday.com.
The Rams have until March 1 to accept or reject the proposal and could go to arbitration if a deal isn’t struck by June 15 – if there is no agreement, the Rams are free to move after March 1, 2015, according to STLtoday.com. "We hope they're going to turn around in 30 days and say they love it," CVC President Kathleen Ratcliffe said. "But we expect there to be changes."