Lightning Keep Stamkos With $68M Deal Colts Sign Luck To Record $140M Deal Bill Simmons Calls Out Knicks' James Dolan Dolphins Donate More Than $5M To Cancer Center Braves To Open SunTrust On April 13 Franchise Notes Indians' Streak Helps Ticket Sales Shapiro Addresses Rogers Centre Concerns Rapids Formally Introduce Tim Howard T'Wolves Welcome First Chinese Minority Owner
FANS TO RAMS -- "MEET ME IN ST. LOUIS"
Published November 4, 1994
With the remarks by Rams President John Shaw and the progress in negotiations, "Rams fever is building in St. Louis." Mayor Freeman Bosley, Jr.: "We're extremely excited about the position we're in." At a press conference last night, further details of the Rams/FANS plan were made clear: 1) Businessman Stan Kroenke is "poised to buy a 40% share of the Rams," but the deal is not yet complete. 2) FANS Inc. "may take advantage of a 5% amusement tax on tickets to sporting events to help build" a practice and office facility for the team. This could also lower the amount needed to be raised through the permanent seat licensing program. 3) Still unresolved on the Rams "wish list" is the team's desire to be compensated for losses this season, which could add at least $5-$6 million to the price tag, and the question of who will take care of game-day expenses. 4) Also in question is who will receive money from the selling of the stadium naming rights to a corporation. FANS spokesperson Tom Eagleton: "I'm more optimistic than I have been perhaps ever before in this sequence because we're getting some issues resolved" (Jim Thomas, ST. LOUIS POST-DISPATCH, 11/4).