On Tuesday evening after months of speculation, it finally became official — the St. Louis Rams are moving to the city of Los Angeles. The vote to move the franchise passed pretty easily — on a vote that was 30-2 in favor of moving the team. However apparently the city of St. Louis didn't go down without a fight to keep it's team of 20 years. According to Antonio French of 21st Ward in St. Louis, the city was willing to shell out a whopping $500 million from public sources to keep the Rams in town.
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French went in detail on just how much money the city of St. Louis was willing to pay to keep its franchise — the proposal came with a deal that would build a new Rams stadium on the riverfront, which called for $250 million from NFL team ownership, a $300 million loan from the NFL and $160 million from the sale of seat licenses.
That's a lot of dough. As for Los Angeles though, they officially have their team back — the Rams were in L.A. from 1946-94 before moving to St. Louis in '95. Unfortunately for St. Louis, it looks like they will be without a football team for quite some time, as the city's mayor, Francis Slay said the city will not be pursuing another franchise on Wednesday.
