Arbitrators Look To Sort Out Rams' Stadium Renovation Stalemate
Three arbitrators today will "begin to hammer out answers" intended to break the Rams' and St. Louis Convention & Visitors Commission's months-long stalemate over Edward Jones Dome renovations "required by the team's 30-year lease." They will choose between three alternatives: the CVC’s $124M proposal, the Rams’ "much pricier option" or a "plan the arbitrators create themselves." The CVC "could let the Rams’ lease go year-to-year beginning in 2015," or the Rams "could buy their way out" (ST. LOUIS POST-DISPATCH, 1/13).
Meanwhile, when the Georgia Legislature opens this week, state lawmakers will be asked to approve $300M in public funding for a new Falcons stadium, "through a hotel-motel tax on visitors to Atlanta" (AJC.com, 1/12).