Talk about spring savings, the now Los Angeles Rams may have saved themselves $19 million come 2024.
Friday, the public board that governs the Edward Jones Dome in St. Louis filed a lawsuit unearthing the details of the Rams’ lease with the Regional Convention and Sports Complex Authority. In it, there’s language that allows the Rams to purchase their now-vacated 27-acre practice facility in Missouri, Rams Park, for just $1 in 2024.
According to the St. Louis Post-Dispatch, the land was once appraised by the county for nearly $19 million. The Rams had been leasing it since 1995 for $25,000 per year.
Of course, the board is reverently trying to block the future purchase of the facility by the Rams.
“The [Edward Jones Dome Authority] owns the training facility, which is a valuable asset,” attorney Chris Bauman told the paper. “We have a responsibility to maximize the value of that. And to do that, we need certainty concerning this invalid option.”
Looks like the move to Los Angeles is just the gift that keeps on giving, first a new home and now $19 million.
*Featured Photo (above) credit to USA TODAY Sports