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The arbitrators hearing the dispute between the Rams and the St. Louis Convention and Visitors Commission released their findings and decision on Friday. The group of three arbitrators sided with the Rams plan of a 700 million dollar renovation of the Edward Jones Dome is the only way to make the facility a First Tier football stadium. The lease the Rams and the city of St. Louis agreed to when the Rams moved here in 1995 mandates that the city must keep the Edward Jones Dome in the top 25 percent of NFL stadiums by the year 2015 or the lease will go to a year to year agreement. Here is the Rams reaction to the arbitrator’s ruling.
RAMS EXECUTIVE V.P. OF FOOTBALL OPERATIONS/C.O.O. KEVIN DEMOFF
“The St. Louis Rams are pleased with the Arbitrators’ First-Tier award. The independent decision acknowledges that significant improvements are required to put the Edward Jones Dome on equal standing with most National Football League stadiums and to enhance the fan experience. The Rams are hopeful that the Convention and Visitors’ Commission will implement the arbitrators’ decision and work toward achieving First-Tier status by the March 1, 2015 measuring date as set forth in the parties’ lease.”