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Although the St. Louis Stadium Task Force had until tomorrow to submit their official proposal to the NFL, we have some details from CBS Sports' Jason LaCanfora:
St. Louis Stadium Task Force announces it submitted it's official proposal to the NFL today, a day ahead of the deadline to file...
— Jason La Canfora (@JasonLaCanfora) December 29, 2015
According to proposal, State and City invest $400M thru "traditional public funding sources to keep the Rams in St. Louis."...
— Jason La Canfora (@JasonLaCanfora) December 29, 2015
The STL proposals calls for Rams to contribute "no less than $250M to the project, with the NFL investing $300M."
— Jason La Canfora (@JasonLaCanfora) December 29, 2015
The RSA (stadium authority) would hire Rams or other firm to sell PSLs. RSA and Rams to design/construct stadium in "collaborative way"...
— Jason La Canfora (@JasonLaCanfora) December 29, 2015
STL proposal calls for Rams to have 30yr lease and "enforceable non-relocation agreement" RSA owns stadium/land w/ Rams paying $1.5M/yr rent
— Jason La Canfora (@JasonLaCanfora) December 29, 2015
STL proposal also calls for Rams to "accommodate a MLS tenant under a marker rate lease term." total coast of project project to $1.1B
— Jason La Canfora (@JasonLaCanfora) December 29, 2015
Here's the #stlnfl proposal summary the stadium task force sent to the NFL today. pic.twitter.com/FAtEiKJCE4
— Brian Feldt (@stlbizbfeldt) December 29, 2015
Bear in mind, this proposal isn't designed to woo Stan Kroenke. It's designed to convince the other NFL owners (specifically those wavering between the collectivist and individualist factions) that the St. Louis market is both viable and feasibly committed to servicing the needs of the league and whichever owner is best positioned to take advantage of that market.
One would think $400m dollars of taxpayer money is one hell of an indication that the market, fairly or not, is prepared to support NFL ownership.
(UPDATED at 1pm ET)