this post was submitted on 22 Oct 2024
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Stan Kroenke’s NFL team left St. Louis nearly a decade ago. The $790 settlement of a lawsuit sparked by the team’s return to L.A. seemingly ended all business between Kroenke and Missouri.

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[–] Paradachshund 6 points 1 month ago (2 children)

That article didn't explain why it would be sold for $1. Anyone know?

[–] RoidingOldMan@lemmy.world 9 points 1 month ago

https://hoodline.com/2024/10/st-louis-sports-authority-sues-to-block-l-a-rams-1-bid-for-former-training-center-in-earth-city/

This one explains it a little more.

The case apparently will turn on the difference between termination and expiration. If the lease terminates, Kroenke can buy the property for $1. It has expired. Is that termination or not?

[–] brlemworld@lemmy.world 4 points 1 month ago