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Rams owner threatens NFL over St. Louis lawsuit and the league could be out billions if he follows through

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Rams owner threatens NFL over St. Louis lawsuit and the league could be out billions if he follows through

Sep 18, 2016; Los Angeles, CA, USA; Los Angeles Rams owner Stan Kroenke during a NFL game against the Seattle Seahawks at Los Angeles Memorial Coliseum. Mandatory Credit: Kirby Lee-USA TODAY Sports

Rams owner Stan Kroenke probably isn’t going to be a very popular person at the next NFL owners meeting and that’s because he’s basically issued a threat that could end up costing the other 31 owners billions of dollars if he follows through with it.

The NFL and its 32 owners are currently the defendants in a lawsuit that revolves around the Rams decision to leave St. Louis. The lawsuit, which was originally filed by the city of St. Louis, St. Louis County and the Regional Convention and Sports Complex Authority all the way back in 2017 is currently scheduled to go to trial on January 10, 2022.

With the NFL facing the reality of a trial date that’s now less than two months away, Kroenke is now doing everything possible to try and settle the lawsuit. According to an email obtained by the Sports Business Journal, Kroenke’s reps believe the suit can be settled for somewhere between $500 million and $750 million (Kroenke had already offered a $100 million settlement, but got turned down).

 

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