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Rams settlement money: Officials pay off never-built riverfront stadium, final tab totals $19.6M

Officials paid off the last of the bills for a never-built Mississippi Riverfront stadium. The final tab totaled $19.6 million.

ST. LOUIS — A St. Louis board has finally paid off outstanding bills related to the effort to build a Mississippi Riverfront stadium for the National Football League's Rams that never advanced beyond planning stages.

Utilizing money received from a legal settlement with the league and team, now based in Los Angeles, the state-created entity that owns the Dome at America's Center, the St. Louis Regional Convention and Sports Complex Authority (RSA), said it recently paid some $2.5 million in bills tied to the riverfront stadium effort, a push that came to try to keep the Rams here, though the team left town in 2016.

That pursuit of a stadium involved paying architects, lawyers and environmental cleanup firms millions of dollars, plus $1.3 million in payments to option land for the stadium, though the options were allowed to expire. The final tab totaled nearly $19.6 million, an RSA official said.

Read the full story from the St. Louis Business Journal

    

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