Heading to Los Angeles

[27mtrcougar]

St. Louis officials are suppose to announce the new STL stadium details today. Open air stadium on the riverfront supposedly.

 

[ksudodger]

That is correct mtr.... now the ball again will be in Kroenke's court. Will he decide to fight the NFL or was the LA stuff really all a ploy to get what he wanted in St Louis....

 

[27mtrcougar]

That is correct mtr.... now the ball again will be in Kroenke's court. Will he decide to fight the NFL or was the LA stuff really all a ploy to get what he wanted in St Louis....

No he wants out of St. Louis. The question is if this plan is a solid real plan and the state approves to build it how could the NFL let the Rams leave that situation? It would look very bad. The rams currently have one of the cheapest leases at the Dome so they are making a ton of money here. It's not like Stan can say he can't make money here. It should be interesting.

 

[Smed55]

That is correct mtr.... now the ball again will be in Kroenke's court. Will he decide to fight the NFL or was the LA stuff really all a ploy to get what he wanted in St Louis....

He might want the best if both worlds! He could get the city to build him a new stadium in St. Louis, and he wants to own the new stadium in LA, then lease it out to maybe Oakland or SD. Not sure if he can legally do that with the NFL's goofy rules, but he would be making a butt load of money if he could?

 

[Retroram52]

Yea Smed, that scenario could emerge as well. Just follow the money trail and you'll find Kroneke somewhere involved in it.

 

[jacobarch]

No he wants out of St. Louis. The question is if this plan is a solid real plan and the state approves to build it how could the NFL let the Rams leave that situation? It would look very bad. The rams currently have one of the cheapest leases at the Dome so they are making a ton of money here. It's not like Stan can say he can't make money here. It should be interesting.

It's the same situation with Farmers Field. This is a proposal is a lot different than doing construction documents and to start building. There are a shit ton of hoops to jump thru from now till then. Plus the NFL is going to do whatever makes the most $$$ and sorry to say that will be in LA.
you are correct in saying they do have one of the cheapest leases in the league, but they also make the least revenue as well. So it kind of evens itself out.

I'm interested if they are going to propose a venue or just a stadium? If they are proposing hotels, shops, high rise apartments and condos then it could make things a little more convoluted. if it's just the stadium then why even waste everyones time

 

[27mtrcougar]

It's the same situation with Farmers Field. This is a proposal is a lot different than doing construction documents and to start building. There are a shit ton of hoops to jump thru from now till then. Plus the NFL is going to do whatever makes the most $$$ and sorry to say that will be in LA.
you are correct in saying they do have one of the cheapest leases in the league, but they also make the least revenue as well. So it kind of evens itself out.

I'm interested if they are going to propose a venue or just a stadium? If they are proposing hotels, shops, high rise apartments and condos then it could make things a little more convoluted. if it's just the stadium then why even waste everyones time

Well they are already redoing the arch grounds (access over Highway 70 )it's going to be nice. and I believe it's going to be near a big casino here (Luminaire's place)and walking distance from ballpark village.

My thing is if they're building a stadium out there and it's going to cost 2 billion to build it. Say Stan pays 1 billion The NFL will charge him another billion for NFL relocating fees. So he will be starting at least 2 billion in the hole out there. how many years will it take to recoup that?? That's a lot of money to make up.

 

[Retroram52]

With the complex Kroneke has in place in LA and the investors lined up, he'll realize an immediate increase in franchise value of over a billion and then he'll show a profit on investment within four to five years in LA.

 

[ksudodger]

Bottom line is this is not going to be quick or easy for Kroenke. Not saying a move will 100% NOT happen, just going to be MUCH more difficult with a viable option in the current location for a new stadium. No team in NFL history has moved with a viable stadium proposal in the current city.

 

[Vitamike]

That may be true if they stay in St. Louis they will never be worth 2 billion. but by NFL Rules that shouldn't matter as long as they make a legit effert to build a new stadium. or no smaller city team would survive. It's in the nfl by laws to protect from things like this. The problem is the NFL can bend or break those rules if they feel like it unfortunately. That's what we don't know yet how exactly does the nfl feel about this. Did Stan go behind their back and announce this and piss some people off? How can they really justify moving back to LA if St. Louis comes up with a new stadium and legit plan to move out of a city that they are already in?? That would be Fuk up

With the complex Kroneke has in place in LA and the investors lined up, he'll realize an immediate increase in franchise value of over a billion and then he'll show a profit on investment within four to five years in LA.

Simple math.

 

[chy1127]

I have changed my mind. I hope they move to Atlantic City, NJ!

 

[Vitamike]

I have changed my mind. I hope they move to Atlantic City, NJ!

In jest, I'm sure chy, however not long it will be we see a franchise in Atlantic City, Las Vegas or Reno.

I actually think it happens in some of our lifetimes!

JMHO!

 

[27mtrcougar]

Simple math.

It's more than that though. just because the franchise will be worth more money that's not money in his pocket he won't see that unless he sells the team which I don't think he's going to do. Plus the new stadium in St. Louis would increase the franchise value to not as much but some.

Bottom line is he wants to move. St. Louis only hope is that the NFL steps in and actually follows their guidelines and rules and tells him no. Supposedly there are nine owners that won't vote for him to move already. The other owners won't make any money with Stan moving the team to LA only Stan will. He already is the second richest owner and some of the other owners might not want him getting richer and controlling LA and being the face of LA. The other owners would make a ton of money if the NFL decides to get two more expansion teams so they might not want The Rams moving to a potential expansion team city.

 

[Vitamike]

It's more than that though. just because the franchise will be worth more money that's not money in his pocket he won't see that unless he sells the team which I don't think he's going to do. Plus the new stadium in St. Louis would increase the franchise value to not as much but some.

Bottom line is he wants to move. St. Louis only hope is that the NFL steps in and actually follows their guidelines and rules and tells him no. Supposedly there are nine owners that won't vote for him to move already. The other owners won't make any money with Stan moving the team to LA only Stan will. He already is the second richest owner and some of the other owners might not want him getting richer and controlling LA and being the face of LA. The other owners would make a ton of money if the NFL decides to get two more expansion teams so they might not want The Rams moving to a potential expansion team city.

Do the math and tell me how I am wrong.

 

[Battlelyon]

ST. LOUIS -- As with any stadium proposal anywhere, there are plenty of moving parts when it comes to the new deal being put on the table in St. Louis' attempt to keep the Rams in the city.

With that in mind, this is an effort to lay out some of the key points of the proposal. By no means is this comprehensive, and Friday's news conference didn't answer anything close to all of the tough questions and hurdles that remain, but here's what the task force of Dave Peacock and Bob Blitz wanted to convey on Friday in bullet-point form:

The plan features an open-air, 64,000-seat stadium on the north riverfront with views to the south of the Gateway Arch and downtown St. Louis. There are an estimated 10,439 parking spaces provided in the plan, and the stadium will have access to multiple forms of public transportation.
The expected cost is between $860 million and $985 million.

The goal of the plan isn't just to house an NFL team but also lure a Major League Soccer team. Peacock and Blitz have already discussed that possibility with MLS Commissioner Don Garber, and the plans have built in 30,000 lower-bowl seats for MLS and international soccer events.

The stadium will be a public asset owned by a public entity such as the St. Louis Regional Convention and Sports Complex Authority and would be leased to the Rams (or the NFL team it houses) with the ability to sublet to a possible MLS franchise. Any revenue splits, operating rights, management agreements, parking terms, signage, naming rights and other revenue generating initiatives would be negotiated with the NFL team.

Here's the breakdown of the 64,000 seats for NFL games:

54,020 general seats
2,000 suite seats (includes private suites and on-field seating)
480 loge box seats (eight seats in each of 60 boxes)
7,500 club seats
The 90-plus acre site is a mix of publicly and privately owned property. The aforementioned cost includes the expected purchase and acquisition of the properties.
The plan also includes the financing of improvements to the Edward Jones Dome so it can be repositioned as a permanent convention center that can also be used to attract major sporting events such as college basketball's Final Four.
From a financing perspective, the new stadium is not expected to add any new tax burden on taxpayers locally or in the state.

Here are the estimated costs:
Land/Demolition - $90-110 million
Stadium construction - $600-650 million
Parking/infrastructure needs - $170-225 million
Total - $860-985 million

Here's how the financing is expected to work according to Peacock and Blitz:

Private financing
NFL team ownership - $200-250 million
NFL (committed to match up to $200 million through G4 loan program) - $200 million
Total - $400-450 million

Potential public sources (all contingent on commitment of private financing)
Extension of bonds on Edward Jones Dome - $300-350 million
Missouri Development Finance Board support - $15-25 million
Brownfield tax credits (for improving blighted areas) - $25-30 million
Personal seat license proceeds - $120-120 million
Total - $460-535 million

According to the plan, the land would be acquired, bids for contractors and site preparation would begin between June of this year and December 2016. The financing documents and lease documents would be negotiated and signed in 2017, with site preparation completed and permits obtained the same year. Actual construction and marketing of the seat licenses would begin in early 2018, with construction completed in time for the start of the 2020 NFL season.

2020, LA here we go, let's go.

 

[27mtrcougar]

Do the math and tell me how I am wrong.

what math? the 2 billion vs 1 billion? yeah its better for stan but that just doesn't mean he should be able to leave according to nfl rules.

 

[Battlelyon]

what math? the 2 billion vs 1 billion? yeah its better for stan but that just doesn't mean he should be able to leave according to nfl rules.

The NFL can try to stop the move but it doesn't mean they can

 

[Vitamike]

The NFL can try to stop the move but it doesn't mean they can

It was that way 1994 with the Rams

What has changed?

 

[Vitamike]

By the way, your whole point is stipulated on an 'if'.

If St Louis can come up with a doable plan. Well they have had plenty of time to meet the agreement they made in 1994/1995.

Sorry but it's two decades later and they still don't have a plan. You can't blame the current owner like a lot of you from St Louis are doing now.

It's your own people that are doing this to you.

Don't blame Stan the Man.

It's your own peeps that have known all along what ends they've needed to meet for a long time now and have done diddly squat to see that happen.

 

[Retroram52]

Precisely Vita, precisely.