D-Day For Edward Jones Dome Deal?
Wednesday is the first critical deadline in determining whether the Rams will stay in St. Louis or if the team could leave the gateway city. The St. Louis Convention and Visitors Commission must submit a plan to the Rams today on improving the Edward Jones Dome.
The people involved have signed confidentiality agreements so we don`t know what exactly may be in the city`s offer. What we do know is that the Rams lease says the dome isn`t among the top eight NFL facilities then the Rams can leave after the 2014 season.
The lease mentions several things that must be upgraded at the dome including team facilities, common areas and concourses, luxury boxes and club suites, scoreboards and signs and the playing field.
There is also talk of letting the rams keep some of the revenue from parking garages.
The renovation price tag could be in the hundreds of millions of dollars.
The CVC has taken a hard line in the talks telling the Rams last Friday that the team`s plans to play one home game a year for the next three years violates the team`s lease.
The Rams have until March 1st to accept or reject the CVC’S offer then until May 1st to make a counteroffer.
The two sides go to arbitration if there is no deal by June 15th.