The Missouri Supreme Court ruled last week that a dispute over the Rams’ former practice facility in St. Louis must be decided in arbitration.
Los Angeles Rams owner Stan Kroenke has indicated he will buy the 300,000-square-foot Rams Park facility in Earth City in October 2024 for $1. That transaction is allowed by the Rams’ lease with the St. Louis Regional Convention and Sports Complex Authority (RSA), a state entity that is funded by the city of St. Louis, St. Louis County and state of Missouri, which owns the Dome at America’s Center in downtown St. Louis.
The Missouri Supreme Court said Tuesday that decision must be made in arbitration.
The RSA in March 2016 asked a St. Louis County Circuit Court to invalidate the purchase clause. The Missouri Court of Appeals Eastern District ruled in December 2016 that the RSA could sue the Los Angeles Rams over a clause in its lease with the team that allows the Rams to purchase Rams Park in October 2024 for $1.
The team then appealed and argued that the dispute should go to arbitration.
If the RSA retains control of Rams Park, located at 1 Rams Way, the RSA has agreed to grant Lou Fusz Soccer Club the right to buy the facility for $5 million or the appraised value of the building, whichever is greater. Lou Fusz signed a one-year lease worth $90,000 to occupy the facility.
Lou Fusz has roughly 4,500 youth soccer players and 159 competitive teams in its recreational soccer programs.
The National Football League allowed the Rams and Kroenke to leave St. Louis for Los Angeles in January 2016.