TexRamFan
Rookie
- Joined
- Jul 29, 2013
- Messages
- 230
You make good points. I don't think that Stan owns the Rams for their cash generation. There are way better ways for him to spend his money to generate far more cash (like real estate development).
Your assumption that he will not own his venue in LA is an odd one. That is a major part of the concern - Stan is buying up LA land that could be used to build his own facility - one that would attract far more events in SoCal than he likely would in STL (18M metro population versus < 3M).
The $1B valuation increase is huge, and it would be way more than that if he builds his own stadium. The Rams would jump to the top 5 in value of all worldwide sports teams IMHO. Guys like Stan are much more impressed with their overall valuation than they are with how low the rent is in their stadium.
You are thinking too small.
AZ. There are many problems with Stan just leaving and building his own stadium in LA.
1. He loses out on the NFL loans to help pay for a possible new stadium in Stl
2. Massive relocation fee
3. Being blocked by Spanos (owner of SD) who has publicly stated he will try to block any teams move due to the sponsorship and PSL sales he would lose from this area.
4. NFL loans plus perhaps some land given to Stan from the city of STL could allow him to build a stadium for cheap (relatively speaking) in St. Louis
5. Most importantly, the NFL has always followed a public/private financed stadium model for new stadiums. LA is strapped for cash and probably will not have any public funding available. Therefore the owner would have to front the entire bill, thus breaking the public/private financed stadium model the NFL has followed. IMO, this would lead to BIG issues for not only cities who have funded stadiums in the past, but for future stadiums as well.
Not saying the move won't happen, just providing a few issues that will present themselves if Stan just up and moves the team to a stadium he wants to build/own on his own.