Negotiations with the Rams

Over the past several months, the St. Louis Convention & Visitors Commission has been engaged in negotiations with the St. Louis Rams concerning renovations of the Edward Jones Dome to address terms specified in the lease between the two parties.

Please see the below statement from Husch Blackwell’s Greg Smith, attorney for the St. Louis Convention & Visitors Commission, regarding the arbitrators’ decision in the negotiation between the St. Louis Convention & Visitors Commission and the St. Louis Rams.

“Today the three Arbitrators who were charged with deciding the “First Tier” dispute between the St. Louis Convention & Visitors Commission and the St. Louis Rams made their decision and ruled in favor of the St. Louis Rams. The Arbitrators determined that due to several structural deficiencies in the size and dimensions of the Edward Jones Dome that only the Rams May 2012 Plan for demolishing and rebuilding the facility will make it First Tier under the terms of the existing lease between the parties.

Under the terms of the Lease, the CVC will shortly determine, after consultation with its public partners, whether to notify the Rams that it will or will not commence the improvements called for by the Arbitrators decision. The CVC believes that a decision by CVC and the Sponsors under the Lease to commence construction of the Rams May 2012 improvements, which we estimate to cost in excess of $750 million, is very unlikely. The more likely outcome of this proceeding will be that effective March 15, 2015, the Rams lease will be converted to a year-to-year lease. The Rams decision with regard to its plans beyond that date is of course up to them.”

Click here to download a pdf copy of the Arbitrators February 1, 2013 decision in the negotiation between the CVC and the St. Louis Rams.

Click here to download a pdf copy of the CVC’s January 25, 2012 alternative proposal to the Rams.

Click here to download a pdf copy of the Rams’ January 27, 2012 response to the CVC’s alternative proposal.

Click here to download a pdf copy of the first-tier improvement proposal submitted to the Rams on February 1, 2012 by the CVC.

Click here to download a pdf copy of the Rams’ February 28, 2012 response to the CVC.

Click here to download a pdf copy of the Rams’ April 30, 2012 first-tier improvement plan submitted to the CVC.

Click here to download a pdf copy of the CVC’s May 31, 2012 response to the Rams.

Click here to download the amended First Tier Plan submitted to the St. Louis Rams on August 17, 2012