• Home
  • News
    • Business
    • Crime / Courts
    • Health / Medicine
    • Legislature
    • Politics / Govt
  • Sports
    • High School Sports
    • The Bill Pollock Show
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Missourinet

Your source for Missouri News and Sports

You are here: Home / Sports / L.A. Rams want St. Louis to pay half of a settlement to PSL holders

L.A. Rams want St. Louis to pay half of a settlement to PSL holders

May 6, 2019 By Bill Pollock

Photo by Bill Greenblatt/UPI

After the Los Angeles Rams agreed to pay $24 million as part of a settlement to former St. Louis football seating ticket holders, the team is now taking the St. Louis Convention & Visitors Commission to arbitration in an attempt to get the commission to pay half of the settlement.

Following the Rams move from St. Louis to Los Angeles, three separate lawsuits were filed by PSL (Personal Seat License) holders.  The suits were combined into one which sought either a refund to be paid on the 30-year deposit that rights holders made for season tickets or to allow PSL holders the opportunity to purchase season tickets in Los Angeles.  The Rams settled on the $24 million payment with no intentions of footing the whole cost.

Before the Rams arrived, PSLs were sold by a nonprofit group of city leaders called FANS Inc.  Eventually, the Rams took over the sale of the PSLs. The Rams are claiming that FANS Inc. should have some responsibility for some of the reimbursement, but since the organization no longer exists, the team argues the Convention & Visitors Commission should be liable.

Share this:

  • Facebook
  • Twitter

Filed Under: News, Sports

Subscribe to our daily newsletter


Tweets by Missourinet

Sports

The difference in the AFC title game? Kelce got open, Diggs didn’t (PODCAST)

Thanks for … [Read More...]

Chiefs will likely be without starting left tackle Eric Fisher

Patrick … [Read More...]

Chiefs will defend their Super Bowl title

The Kansas … [Read More...]

Pinson helps deliver big win for Mizzou at Tennessee

Mizzou … [Read More...]

25th ranked Lady Bears get past Drake

Missouri … [Read More...]

More Sports

Tweets by missourisports

Archives

Opinion/Editorials

TwitterFacebook

Copyright © 2021 · Learfield News & Ag, LLC