Actually, there is already a precedent for this. The Rams, when they initially moved did NOT play in the EJD, which was not ready for the beginning of the '95 season. The Rams didn't play in the EJD until November of '95 and the PSL rights TRANSFERRED from the temporary venue to the EJD. Moreover, the language in the PSL specifically states "All Future Games". No mention of venue is stated and because of the precedent of multiple venues, the precedent is set that the PSL stays with the team, not the venue.
Now, the question becomes how does Kroenke sever?
In no particular order...
- He can come up with something about how those PSLs while not venue specific are St. Louis specific thus making them worthless.
- He can assert that the PSLs are venue specific and force St. Louis PSL owners to sue him.
- He can refund the St. Louis PSLs.
Because the Rams are the first team to move that sold PSLs, any move that is taken won't just be at the whim of Kroenke, but the NFL League office and the League owners will all be informed and consenting because anything that happens with how the Rams deal with this will set a precedent for every other move for teams that have sold PSLs.
Anyone who thinks this is a small deal doesn't understand how much money is generated by PSLs.