St. Louis Post-Dispatch columnist Bernie Miklasz has ignited a firestorm of media chatter with his column Sunday indicating that the Rams are for sale, and could be headed out of town:
The owners will ask Goldman Sachs to help facilitate the sale of the Rams by evaluating bids and soliciting potential buyers.
The sale price is unknown, but Forbes magazine’s most recent estimate listed the Rams’ value at $929 million.
And if you are a St. Louis Rams fan, here’s the reason to be concerned: I’m told there will be no preconditions attached to the sale of the Rams. This means the Rams could be scooped up by out-of-town buyers.
The Rams, you’ll recall, have a 30-year lease on the Edward Jones Dome, but were clever enough to include a provision that lets them break the deal if the building isn’t among the 25% most “state of the art” in the NFL, something Miklasz says ain’t gonna happen:
It’s virtually impossible for the CVC to meet that top-eight standard. By 2010, 23 NFL stadiums will have been built or thoroughly renovated since the Edward Jones Dome opened in 1995.
Even with a $30 million upgrade that’s being done now, the Edward Jones Dome will be one of the oldest stadiums in the NFL by 2015.
If all this sounds familiar, it’s because it comes exactly one year and one day after a similar Post-Dispatch article asserting that St. Louis needs to replace the dome or else see the Rams leave town. It looks increasingly like St. Louis is headed for another major football stadium showdown, just 14 years after their last one.