NFL, Los Angeles Rams owner to pay $790M to St. Louis for relocating team

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NFL, Los Angeles Rams owner to pay $790M to St. Louis for relocating team
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NFL officials and St. Louis representatives 'have been able to fully resolve' a more than 4-year dispute over the Rams' relocation to Los Angeles.

and Rams owner Stan Kroenke have agreed to pay the city of St. Louis $790 million to settle a lawsuit filed after the team was relocated to Los Angeles, the Associated Press reported.

"This historic agreement closes a long chapter for our region, securing hundreds of millions of dollars for our communities while avoiding the uncertainty of the trial and appellate process," St. Louis Mayor Tishaura Jones and St. Louis County Executive Sam Page said in a statement. With the settlement, a lawsuit filed 4 1/2 years ago has ended. St. Louis sued the NFL and Kroenke for the decision to move their Rams to Los Angeles in 2016. The lawsuit claimed that Kroenke and league officials lied about potential relocation plans as early as 2013, as well as the league ignoring relocation guidelines.

The case had been scheduled to go to trial January 10. The lawsuit sought more than $1 billion. It claimed the team's move cost the St. Louis region millions of dollars in amusement, ticket and earnings tax revenue.

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