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 by PARAM
3 months ago
 Total posts:   3834  
 Joined:  Jul 15 2015
Barbados   Just far enough North of Philadelphia
Superstar

LINK

ST. LOUIS -- A federal judge has approved a settlement calling for the NFL's Rams to pay up to $24 million to personal seat license holders in St. Louis.
U.S. District Judge Stephen Limbaugh Jr. approved the settlement Monday.
Several St. Louis PSL holders filed a class-action lawsuit after the team moved to Los Angeles in January 2016. Thousands of fans in St. Louis had purchased PSLs that were good for 30 seasons, which was the length of the lease at the domed stadium where the Rams played in St. Louis. Rams owner Stan Kroenke took the team to California after 21 seasons.
The lawsuit calls for PSL holders to get 30 percent of the original purchase price, a refund for the nine unused years of the seat license fee, plus damages.


Is this what the fans expected? 30% of the money they put out? It seems fair IMHO.

 by BobCarl
3 months ago
 Total posts:   2847  
 Joined:  Mar 08 2017
United States of America   LA Coliseum
Superstar

PARAM wrote:LINK



Is this what the fans expected? 30% of the money they put out? It seems fair IMHO.


I sold mine before leaving St. Louis ... I hope the buyers get their 30% of the original license price ...

 by moklerman
3 months ago
 Total posts:   5168  
 Joined:  Apr 17 2015
United States of America   Bakersfield, CA
Hall of Fame

Yeah, I don't get how the Rams thought that money should remain theirs? I guess since they didn't break the terms of the lease but it's a total dick move to keep PSL's from fans after you move the team away.

 by PARAM
3 months ago
 Total posts:   3834  
 Joined:  Jul 15 2015
Barbados   Just far enough North of Philadelphia
Superstar

moklerman wrote:Yeah, I don't get how the Rams thought that money should remain theirs? I guess since they didn't break the terms of the lease but it's a total dick move to keep PSL's from fans after you move the team away.


Got to agree that the fans deserved the money. Dick move? Who these days gives away money before waiting for a legal decision? Hell, the way the fans in St. Louis and the politicians in St. Louis have been suit happy since the Rams left, who's to say had they taken the high road and gave them 30%, they wouldn't have wanted more or called it 'the Rams trying to buy their way out of St. Louis' or filed another lawsuit seeking punitive damages?

 by dieterbrock
3 months ago
 Total posts:   10638  
 Joined:  Mar 31 2015
United States of America   New Jersey
Hall of Fame

Was the Rams take that they didn’t have to pay anything? I don’t recall. I’m assuming that it’s been a battle between the attorneys (got to love those billable hours) to reach a settlement number

 by AltiTude Ram
3 months ago
 Total posts:   1310  
 Joined:  Jul 09 2015
United States of America   Denver
Pro Bowl

Hats off to the fans for getting back some of what they invested in!😁

I don't have much love for St. Louis taking my team and somewhat fighting for my team to stay there.

I think we can all agree it wasn't about the fans. Great Rams fans there every time I went!

Nice to see the little guy can still win!😎

 by St. Loser Fan
3 months ago
 Total posts:   3339  
 Joined:  May 31 2016
United States of America   LA Coliseum
Superstar

aeneas1 wrote:$24 million to stan? 0.006 cents?


Stan has $24 million in the change cup of one of his private planes.

 by St. Loser Fan
3 months ago
 Total posts:   3339  
 Joined:  May 31 2016
United States of America   LA Coliseum
Superstar

dieterbrock wrote:Was the Rams take that they didn’t have to pay anything? I don’t recall. I’m assuming that it’s been a battle between the attorneys (got to love those billable hours) to reach a settlement number


As I understood it the Rams argued the PSL money was all theirs.

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313 posts Oct 19 2019