The Rams are headed from St. Louis to Los Angeles in 2016, and former NFL kicker Matt Stover is worried about the team’s players for financial reasons. For those unaware, Stover was part of the first Cleveland Browns team that moved to Baltimore and became the Ravens and because of that move, as Stover described to ESPN, he lost a lot of money in a real estate deal.
“We weren’t ready for it, we had no control over it and we were under contract, so we were obligated to go,” Stover said. “I’m hoping the Rams organization will take care of their players. There should be a financial package for the players moving to L.A.”
Granted, the Rams organization has to pay its players’ moving costs and relocation expenses under the terms of the collective bargaining agreement, but let’s not forget that selling homes or even renting them out takes a long time, often longer than just a few months. More importantly, let’s not forget that the Rams players’ property values in St. Louis, assuming that they all own their homes there, could take a significant hit in terms of overall value because the city no longer has an NFL team. Believe it or not, that counts for something.
Oh, and then there’s the reality that Los Angeles is a far more expensive place to live than the Gateway City.
Thus, no matter how you look at it, Stover is absolutely right. While having moving expenses covered is all well and good, perhaps an extra stipend on top of that until financial affairs in St. Louis are settled would be all the better. Given how Rams owner Stan Kroenke is worth $6.3 billion, he can probably afford that without issue.
*Featured Photo (above) credit to USA TODAY Sports