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FANS AND RAMS AGREE THAT TIME IS ON THEIR SIDE
Published March 28, 1995
The Rams and FANS, Inc., the civic group negotiating to bring the Rams to St. Louis, have renegotiated their relocation agreement extending the deadline for either side to "walk away without obligation" to Thursday. FANS Inc. requested the extension after the league voted down the Rams move on March 15. If FANS adheres to the agreement, it must pay the Rams $13M "for legal fees and expenses related to the move." It would also be "liable for the $27 million in bond payments owed to Anaheim Stadium for the termination of the Rams lease." FANS has not publicly stated how the obligations would be paid. Rams President John Shaw has said he will file a $2B lawsuit against the league by Friday, but said he hoped to meet with NFL Commissioner Paul Tagliabue "sometime this week about the move" (Michele Himmelberg, ORANGE COUNTY REGISTER, 3/28).