Agreement reached on splitting Rams severance pay

ST. LOUIS — The recipients of a massive nine-figure settlement as a result of the Rams’ departure from St. Louis have reached an agreement on how the money will be split.

In November 2021, the National Football League announced a $790 million settlement in a lawsuit involving the Rams and St. Louis City, St. Louis County and the Regional Convention and Sports Complex Authority.

Rams owner Enos “Stanley” Kroenke is paying $571 million to flee to Los Angeles with the franchise. All 32 NFL teams are also on the hook for $7.5 million to make up the difference.

Under the terms of the agreement, the City of St. Louis will receive $280 million, including $30 million for the St. Louis Regional Convention and Visitors Commission. St. Louis County will receive $169 million. The Regional Convention and Sports Complex Authority will receive $70 million.

https://fox2now.com/sports/agreement-reached-on-splitting-rams-settlement-money/ Agreement reached on splitting Rams severance pay

Sarah Y. Kim

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