Rams to open Riverfront Stadium in 2017
What is known about progress of Riverfront Stadium
1. St. Louis is now projecting the Riverfront Stadium plans will be ready by this August. That means that it will be contract ready. Funds in place, land acquired, no problems left to solve.
2. The NFL owners have scheduled a special meeting on the stadium situations.
3. St. Louis has reached an agreement with the St. Louis unions that would allow for the stadium completion within two years after the start of construction of the stadium.
4. The Rams will have to get 24 votes to move. After the last moves 20 years ago new rules were put in place to prevent owners from moving on their own without league approval. When Kroenke purchased controlling interest in the Rams he agreed to these rules.
5. The stated policy of the NFL is to keep teams in place whenever possible. In particular, whenever the city has what the NFL considers an adequate stadium situation for the team.
6. Dave Peacock has hinted that the Rams might stay in St. Louis without Stan Kroenke.
7. Dave Peacock has also indicated that there are potential buyers for the Rams in St. Louis.
Based on this it seems to me that it is likely that in August
1. The owners will approve of the St. Louis Riverfront Stadium.
2. The Rams will sign a long term contract to play in the Riverfront Stadium
3. The construction of the stadium will begin
4. The stadium will be ready for play by the 2017 regular season.
This seem to be the only reason for the owners to hold a special meeting in August. August would be important for the Rams if they were not moving. It would allow them to move into Riverfront Stadium in 2017. However, there will be no request by any team for relocation. The time set by the NFL for that is December. But if the Rams situation could be settled without relocation, the August meeting makes good sense.
It is also possible, but maybe not likely, that the owners will also approve the sale of the Rams at this time. However, the outcomes for San Diego and Oakland will not be resolved until later.
Here are the rules from 1994. They're pretty similar to the ones in place today
PROCEDURES FOR PROPOSED FRANCHISE RELOCATIONS
Article 8.5 of the NFL Constitution and Bylaws vests in the Commissioner the authority to
"interpret and from time to time establish policy and procedure in respect to the provisions of the Constitution and Bylaws and any enforcement thereof." Set forth below are procedures and policy to apply to League consideration, pursuant to Section 4.3 of the Constitution and Bylaws, of any proposed transfer of a home territory. These provisions were established in December of 1984 and remain in effect.
Section 4.3 requires prior approval by the affirmative vote of three-fourths of the member
clubs of the League (the normal voting margin for League business) before a club may transfer its franchise or playing site to a different city either within or outside its home territory. While the following provisions apply by their terms to a proposed transfer to a different home territory, a transfer of a club's playing site to a different location within its home territory may also raise issues of League-wide significance. Accordingly, the pre-Annual Meeting notification date prescribed in section (A)(1) tjelow also applies to a proposed intra-territory relocation, and the Commissioner may require that some or all of the following procedures be followed with respect to such a move.
A. Notice and Evaluation of the Proposed Transfer
Before any club may transfer its franchise or playing site outside its current home territory, the club must submit a proposal for such transfer to the League on the following basis:
1 . A club proposing a transfer outside its home territory must give written notice of the proposed transfer to the Commissioner no later than 30 days prior to the opening date of the Annual Meeting in the year in which the club proposes to commence play in a new location. Such notice will be accompanied by a "statement of reasons' in support of the proposed transfer that will include the information outlined in Part B below.
2. The Commissioner will, with the assistance of appropriate League committees, evaluate the proposed transfer and report to the membership; if possible, he will do so within 20 days of his receipt of the club's notice and accompanying "statement of reasons." The Commissioner may also convene a special committee to perform fact finding or other functions with respect to any such proposed transfer.
3. Following the Commissioner's report on the proposed transfer, the transfer will be presented to the membership for action in accordance with the Constitution and Bylaws, either at a Special Meeting of the League held for that purpose or at the Annual Meeting.
B. "Statement of Reasons" for the Proposed Transfer
Any club proposing a transfer outside its home territory must, in its accompanying "statement of reasons," furnish information to the Commissioner essential to consideration of whether such a move is justified and whether it is in the League's interest.
In this connection, the club proposing to transfer must present in writing its views to why its recent financial experience would support a relocation of the club. Such information would include a comparison of the club's home revenues with League averages and medians; past and projected ticket sales and other stadium revenues at both the existing and proposed locations; and operating profits or losses during the most recent four seasons. The club should also comment on any other factors it regards as relevant to the League's consideration of the proposed transfer, including but not limited to operations of other professional or college sports in the existing and proposed home territories, and the effects of the proposed transfer on NFL scheduling patterns, travel requirements, current divisional alignments, traditional rivalries. League-wide television patterns and interests, the quality of stadium facilities, and fan and public perceptions of the NFL and its member clubs.
To permit such a review, at least the following information will accompany the "statement of reasons" for the proposed transfer:
1 . A copy of the club's existing stadium lease and any other agreements relating to the club's use of its current stadium (e.g., concession agreements, box suite agreements, scoreboard advertising agreements) or to a stadium authority's or municipality's provision of related facilities (e.g., practice facilities).
2. Audited financial statements for the club for the fiscal years covering the preceding four seasons.
3. An assessment of the suitability of the club's existing stadium, costs of and prospects for making any desired improvements to the stadium, and the status of efforts to negotiate such improvements with the stadium authority.
4. A description and financial analysis of the projected lease and operating terms available to the club in its proposed new location.
5. A description and financial analysis of the stadium lease and operating terms available to the club in its existing home territory, on a basis that permits comparison with the projected arrangements in the proposed new location.
6. A budget projection, using accepted League charts of account, showing a projected profit and loss statement for the fiscal years covering the first three seasons in the proposed new location.
C. Factors to be Considered in Evaluating the Proposed Transfer
While the League has analyzed many factors in making expansion and team-move decisions in the past, the Commissioner will also give consideration to the factors listed below, among others, in reporting to the membership on any proposed transfer outside a home territory. Such factors were contained in a bill reported by a Senate committee in 1 984; they essentially restate matters that the League has considered vital in connection with team location decisions in the past. Accordingly, any club proposing to transfer should, in its submission to the Commissioner's office, present the club's position as to the bearing of these factors on its proposed transfer, stating specifically why such a move is regarded as justified on these standards:
1 . The adequacy of the stadium in which the team played its home games in the previous season, and the willingness of the stadium or arena authority to remedy any deficiencies in such facility;
2. The extent to which fan loyalty to and support for the team has been demonstrated during the team's tenure in the existing community;
3. The extent to which the team, directly or indirectly, received public financial support by means of any publicly financed playing facility, special tax treatment and any other form of public financial support;
4. The degree to which the ownership or management of the team has contributed
to any circumstance which might otherwise demonstrate the need for such re-
location;
5. Whether the team has incurred net operating losses, exclusive of depreciation
and amortization, sufficient to threaten the continued financial viability of the
team;
6. The degree to which the team has engaged in good faith negotiations with appropriate persons concerning terms and conditions under which the team
would continue to play its games in such community or elsewhere within its cur-
rent home territory;
7. Whether any other team in the League is located in the community in which the
team is currently located;
8. Whether the team proposes to relocate to a community in which no other team
in the League is located; and
9. Whether the stadium authority, if public, is not opposed to such relocation.
Any club proposing to transfer will have a full opportunity to state its position to the membership and to make its case for the proposed transfer. In order to fully assess a proposed transfer in light of the variety of League interests involved, and to fairly resolve the interests of all parties, it is essential that the membership be fully apprised of the relevant facts with respect to any proposed transfer. The procedures and policies outlined above are directed to that end.