Quote:
Originally Posted by Bongle
The optimistic outlook is that this is just sabre-rattling by the Rams' owner as he tries to get the city of St Louis to pay for stadium upgrades or a new stadium entirely.
This is a pretty common tactic by big sports teams - they threaten to move, and no politician wants to be the guy that let Local Sports Team leave, so they end up extracting huge piles of money from cities that often can't afford it. By making their threat of leaving more credible, the Rams are hoping to get better concessions from the city.
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Exactly they want about $800 Million in upgrades, the negotiations are about $540 million apart. With the St. Louis population the team wants $2,100 per person.
Which means about $800 million that won't go into schools, infrastructure, etc.
All the major sports teams do this. In the Philly area the two new stadiums won't be paid off until 2050.