Global Spectrum, Sears Centre Extend Deal Chiefs To Honor American Indian Heritage Month Facility Notes NFL Team Could Bring U.K. More Than $250M A Year Tom Brady Stars In Ad For Daily Fantasy Site Astros Mull Renovating Tal's Hill In Center Field ESPN Has Best "MNF" Overnight Since '10 Rose Bowl Events Causing Local Backlash Wembley To Host Three NFL Games In '15 NFLPA Looks To Dismiss Head Injury Complaint
Upcoming Conferences and Events
ST. LOUIS GETS NEW STADIUM'S LEASE, OFFERS IT TO RAMS
Published September 16, 1994
Beer distributor Jerry Clinton yesterday agreed to sell his share of the lease for the city's new domed stadium and convention center. Clinton sold his 30% share of the lease to FANS Inc. -- a nonprofit group which has been attempting to lure a NFL franchise to St. Louis -- for $4M immediately, and another $4M if the city is successful in getting a team. FANS also agreed to grant Clinton a luxury box at the domed stadium free of charge for the next 20 years. Following the Clinton deal, St. Louis businessman James Orthwein announced that he would attempt to help the city attract a NFL franchise and sold his 65% share of the lease to FANS for $1 (Jim Thomas, ST. LOUIS POST DISPATCH, 9/16). Former Sen. Thomas Eagleton, the point man for FANS during the lease negotiations, said that the lease would be offered immediately to the Rams: "If we didn't get this lease resolved this week or next, school was out. The Rams are very pleased because they have been encouraging us to have a clear lease." In Baltimore, Vito Stellino writes that St. Louis now has moved ahead of Baltimore, claiming that NFL Commissioner Paul Tagliabue and Redskins owner Jack Kent Cooke are blocking the Rams from moving to Baltimore (Baltimore SUN, 9/16).