St. Louis Approves $150M In Financing For New Rams' Stadium

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St. Louis Approves $150M In Financing For New Rams' Stadium 

Post#1 » by RealGM Wiretap » Sat Dec 19, 2015 3:08 am

The city of St. Louis took one step closer to getting an NFL stadium built when the city's Board of Aldermen voted Friday to approve $150 million in city funding for a proposed new stadium that would be built near the Mississippi Rivers.

Stan Kroenke has given no indication he would like to stay in St. Louis.

Before Friday's vote, Goodell wanted to make sure the Aldermen knew that the NFL would only be good for $200 million, not the $300 million that was outlined in the plan. The NFL's G-4 program routinely finances up to $200 million for teams looking to build a new stadium.

In the letter, which was obtained by the St. Louis Post-Dispatch, Goodell made it clear that the city would have "no assurance" of getting the extra $100 million in financing.

Via John Breech/CBS Sports

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