1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

Rams possibly returning to LA?

Discussion in 'Football: NFL, College, High School' started by ItsMyFault, Jan 30, 2014.

  1. Mr. Clutch

    Mr. Clutch Contributing Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,131
    Well at least if they move now they wouldn't be the worst team in LA for at least a decade. (Thanks Lakers)
     
  2. J.R.

    J.R. Member

    Joined:
    Jun 30, 2008
    Messages:
    106,788
    Likes Received:
    154,648
    Kroenke broke AF.

    https://theathletic.com/1814617/202...-up-to-500-million-more-from-nfl-for-stadium/

    The Athletic's Daniel Kaplan reports the Rams have requested "up to $500 million in additional NFL stadium financing" and are seeking a "doubling of the amount of time typically required to pay the money back."
    Per Kaplan, that would put the Rams in the neighborhood of $900 million borrowed from the league for what has become quite a financial boondoggle for owner Stan Kroenke. “There’s a massive request for debt waivers and additional G-4 from those in LA,” a source told Kaplan. “And they’re asking to pay that over 30 years as opposed to 15 years.” Kaplan reports the Rams need gate receipts to start paying down their ballooning debt, but obviously that probably will not be happening in 2020 thanks to the COVID-19 pandemic. This, coupled with reports that the Rams have been nickel and diming ex-players on bonus money paints a picture of a franchise that is not in great financial shape after a $2-3 billion project skyrocketed to $5-$6 billion.
     
    tinman likes this.
  3. MadMax

    MadMax Contributing Member

    Joined:
    Sep 19, 1999
    Messages:
    73,100
    Likes Received:
    18,951
    I've voted for them every time I've been presented with a ballot on the question, but publicly funded ballparks, stadiums and arenas are a load of crap.
     
    Buck Turgidson likes this.
  4. Newlin

    Newlin Member

    Joined:
    May 22, 2015
    Messages:
    8,031
    Likes Received:
    9,727
    Someone in Houston needs to buy the Rams and move them to Houston. The Texans can then move to Memphis or wherever Bill O’Brien wants to take them.
     
  5. tinman

    tinman Contributing Member
    Supporting Member

    Joined:
    May 9, 1999
    Messages:
    97,532
    Likes Received:
    40,158
    He built his fortune on commercial and residential real estate.

    Apparently, people are not paying their rent!
     
  6. J.R.

    J.R. Member

    Joined:
    Jun 30, 2008
    Messages:
    106,788
    Likes Received:
    154,648
     
    tinman likes this.
  7. tinman

    tinman Contributing Member
    Supporting Member

    Joined:
    May 9, 1999
    Messages:
    97,532
    Likes Received:
    40,158
    Get the loan from
    SoFi?
     

Share This Page

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now