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LA Rams Lose Lawsuit, Must Pay St. Louis PSL Holders

The Rams are gonna have to pay up.

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Los Angeles Rams Owner Stan Kroenke
Los Angeles Rams Owner Stan Kroenke
Kirby Lee-USA TODAY Sports

From the Associated Press:

A federal judge has ruled that the NFL's Rams must grant season tickets to some people who bought personal seat licenses while the team was still in St. Louis, even though the team is now in Los Angeles.

U.S. District Judge Stephen Limbaugh Jr. also said Wednesday that the Rams must refund deposits for other people who bought PSLs in St. Louis. About 46,000 fans had PSLs, which give the holder the right to purchase season tickets, for the St. Louis Rams, some at a cost of up to $1,000.

...

Limbaugh's ruling differentiates between PSL contracts sold by the Rams directly, and those sold by their ticketing agent, FANS Inc.

The FANS contract states that a relocation of the team terminates the contract. The judge ruled those PSL holders have the right to refunds, but no rights to season tickets or PSLs in Los Angeles.

But contracts sold directly by the team do not state that the PSL agreement ends due to relocation, Limbaugh said.

And per Deadspin:

With each PSL costing hundreds if not thousands of dollars—the plaintiff in the third case alleged he paid $1,000 for each of his PSLs—a refund will likely cost millions of dollars. Perhaps even worse for the Rams, for each PSL holder who chooses to transfer their PSL to L.A. and buy season tickets, that is one fewer new PSL they can sell. Considering the 49ers recently sold PSLs for between $2,000 and $80,000 for their new stadium, and that Los Angeles is an even bigger, richer, and more football-starved area, it is possible that the Rams will be forced to forego millions more in profit.

Full ruling for the legal eagles among us: