ST. LOUIS, MO (KTVI)– Three arbitrators whose identities are being kept secret are now helping decide the fate of the Rams and the Edward Jones Dome.
As everyone knows by now the Rams can leave St. Louis in two years if the dome isn’t among the NFL’s top facilities. The dome upgrades necessary to meet that target are now in the hands of three independent arbitrators.
The arbitrators face a December 31st deadline. They’re looking at two competing proposals. One from the city’s convention and visitor’s commission is a dome upgrade that’d cost around $124 million. The other from Ram’s owner Stan Kroenke is a dome re-build with a sliding roof that’d probably cost around $700 million. There may not be any middle ground acceptable to the city and the Rams, given the half billion dollar gap between the proposals.
If the city accepts the arbitrator’s proposal, taxpayers would foot the bill and the Rams would be in town at least through 2025. If the city rejects whatever the arbitrators decide, then the Rams lease becomes a year-to-year proposal and the team could move possibly to Los Angeles where a new stadium’s being built.
Again, the arbitrator’s deadline is December 31st. But that can be extended if both sides agree.