Company tied to St. Louis Rams owner buys Los Angeles land
A company tied to St. Louis Rams owner Stan Kroenke has purchased a prime piece of land in Los Angeles amid speculation the NFL franchise is considering a return to the city it left for the Midwest nearly two decades ago.
Team officials on Friday provided a written statement confirming the recent purchase of a 60-acre site near the Forum indoor arena in Inglewood, Calif.
The statement from Kroenke’s corporate side said no decision has been made and “we will look at all our options” with the land. The Los Angeles Times first reported the purchase.
The Rams can break their 30-year lease in St. Louis after the 2014 season under a deal that requires the dome remain among the top quarter of the 32 NFL stadiums.