clock menu more-arrow no yes mobile

Filed under:

FedEx's Fred Smith interested in buying the Rams?

The St. Louis Business Journal is reporting that FedEx founder and CEO Fred Smith has emerged as a potential buyer for the St. Louis Rams.

Smith does meet one huge qualification for buying Chip Rosenbloom and his sister Lucia Rodriguez's share of the Rams: he has Scrooge McDuck-swimming-pool-of-cash levels of money. He also has an interest in owning a football team, and currently owns a 10% stake in the Redskins, which he'd have to sell in order to purchase the Rams. From the story:

"Fred Smith would be an owner straight out of central casting for the NFL," said Mark Ganis, president of Chicago-based consulting firm Sportscorp Ltd. "He would be very well received in NFL circles. They know him well. He is an entrepreneur who built a business from scratch into one of the most successful companies in the world. He has a marketing and customer service background. He has a love of the game of football. And he looks the part."

"Looks the part," eh? As in he looks like a rich white dude...hey, at least he's alive, which is more than can be said for some NFL owners (looking at you Al Davis).Actually, I think what they mean is he's a wealthy guy with a passion for the game.

Most importantly - for St. Louis-based fans anyway - is that Smith would be likely to keep the team in St. Louis, though he'd most certainly have to immediately answer questions about plans for the Rams stadium/dome beyond 2014.

How does this affect the overtures being made by Dave Checketts? He'll have to line up his investors, and enter the ring as a serious propect. This could also help Rosenbloom get the best price for his share of the Rams.


In the prediction department, Yahoo! Sports' Michael Silver predicts that the NFL will waive their cross-ownership rules for Stan Kroenke.