Los Angeles Rams owner Stan Kroenke watches pregame warmups against the Seattle Seahawks at CenturyLink Field.

Joe Nicholson-USA TODAY Sports

Rams Will Pay $24 Million to St. Louis PSL Holders

"They should get their money back for the years of football they paid for but never received. Under this agreement, they will."

December 06, 2018 - 7:08 am

By JIM SALTER ,  Associated Press

ST. LOUIS (AP) — The NFL's Rams will pay $24 million to personal seat license holders in St. Louis who filed a class-action lawsuit after the team moved to Los Angeles.

The settlement notice was filed in federal court last week but details weren't released until Wednesday.

The class-action suit was filed on behalf of thousands of fans who bought PSLs that were good for 30 seasons, which was the length of the lease at the St. Louis stadium formerly known as the Edward Jones Dome. Rams owner Stan Kroenke took the team to California in 2016 after 21 seasons in St. Louis.

Related: Rams Settle Lawsuit With St. Louis PSL Holders

The lawsuit sought a refund for the nine unused years of the seat license fee, plus damages.

Attorneys representing St. Louis Rams PSL holders filed a motion for preliminary approval with U.S. District Court, a process expected to take several weeks.

"This settlement is about fairness," attorney Ryan Bruning, whose firm represented many of the license holders, said in a statement. "The PSL holders paid for 30 years of NFL football in St. Louis, but got just 21 years. They should get their money back for the years of football they paid for but never received. Under this agreement, they will."

An email message left with the Rams was not immediately returned.Personal seat licenses are common in sports, requiring fans to pay a one-time charge for the right to buy season tickets. The amount each PSL holder will receive will depend on the value of the PSL, which ranged from $250 to $4,500, based on the location of the seat. 

It could be six months or more before any PSL holders receive a check from the Rams. You'll be able to check your eligibility for a reward by submiting information on to a website that will be set up in six to eight weeks, after the court grants preliminary approval.

Related: Missouri Court of Appeals Says 'No' to Stan Kroenke

The remaining St. Louis lawsuits include:

- Relocation: This one is the biggest of the three, which objects the way the NFL owners and Rams handled the relocation process of moving the Rams to Los Angeles.

- Practice facility: The lawsuit is over ownership of the Rams former practice facility in Earth City (Rams Park), which is currently being leased by Lou Fusz Athletic.

- Tickets and merch: It claims the Rams violated Missouri’s Merchandise Practices Act, misleading fans who bought tickets and team gear, believing the team would still be in St. Louis for years to come.