St. Louis Rams PSL refunds mailed out today

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ST. LOUIS - One lawsuit against NFL team owner Stan Kroenke has been settled over his decision to move the Rams from St. Louis to Los Angeles.  Now, payments are on the way for personal seat licenses holders for St. Louis' former football team.

The agreement calls for more than 11,000 PSL owners to receive 30 percent of the price they paid for the tickets. Nearly $14 million was mailed out on January 2.

PSL holders filed a class-action lawsuit against Kroenke, asking for a refund of 30 percent, equivalent to the nine years that remained on the 30-year license when the Rams left town.

Attorney Ryan Bruning, who represents the PSL holders, said more the PSL holders will get refunds from $75 to $1,350.

"We had about a 60 percent claims rate, which for a class-action case is extremely high," Bruning said. "The normal percentage of claims made on a class-action case is about five percent."

Former PSL holder Ron McAllister, who was the lead representative in the class-action lawsuit, said plaintiffs should be seeing their checks within the next few days.

The deadline to file claims was August 23. If you didn't claim your money at that time, Kroenke gets it back.

Meanwhile, a separate class-action lawsuit is for fans who bought Rams tickets and merchandise from 2010 to 2016. That deal is for a 25 percent refund. The deadline to join that lawsuit is January 16.

A third lawsuit by St. Louis City and St. Louis County and the Regional Convention and Sports Complex Authority, alleging a violation of the league relocation rules, is still pending in the court system.


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