The lighting gridiron can also be lowered to make the area more unique.
St. Louis County bought 100 acres of land along the Missouri River, planning a 70,000 seat dome stadium. “I think they should factor that into the total cost of the move.”. Seattle’s Kingdome bonds were retired only last year, 15 years after the facility was imploded in 2000. St. Louis was considered a front-runner, because it was the largest city without a football team. –Public Financing: 96% Debt from Indianapolis’ Hoosier Dome - demolished in 2008 - still hadn’t been paid off in 2013, according to state filings. Fans enter the stadium through one of the four entry points in each corner of the building, each with its own spacious glass atrium and escalators. Without the Rams’ revenues, St. Louis is looking at an even deeper financial hole. Edward Jones purchased the naming rights in January 2002, for $2.65 million a year. Even before the team decided to leave, the city’s stadium revenues didn’t cover its payments, leaving the city with annual shortfalls. The league and the Rams did not respond to requests to comment. All three teams sought new stadiums in their respective cities. However, after years of political wrangling over where a stadium should be built, Bidwill moved the Cardinals to Arizona and Sun Devil Stadium after the 1987 season. A few years ago, to maintain the stadium’s top-tier status, the Rams sought an estimated $700 million of improvements. In 1991, the NFL announced they would expand by two teams. “This was a contract designed to be broken” by the team, said Matheson, who studies stadium finances. The Rams final game at the Edward Jones Dome was on December 17, 2015 against the Tampa Bay Buccaneers. Owner of the Cardinals (NFL), Bill Bidwill, wanted a new stadium built in downtown St. Louis because Busch Stadium was to small. Across the country, cities have gotten stuck with substantial costs after sports teams leave or even move across town. The Rams almost moved to Baltimore, but since a new stadium was under construction in St. Louis, Frontiere moved the team to St. Louis after the 1994 season. It appeared that the city was a lock to land an expansion team with construction underway on a stadium. Stadiums of Pro Football is not associated with the National Football League or any team mentioned. The 2015 season marked the Rams last season in St. Louis and the Edward Jones Dome. –Opened: November 12, 1995 This page may not be reproduced without permission from Stadiums of Pro Football. “We’re going to have to tighten the belt in a few places,” said Reed, the alderman. “They had a terrible, terrible contract with the Rams.”. Taxpayers will now shoulder the remaining payments for the Edward Jones Dome with only the help of revenue from tractor pulls, volleyball tournaments, concerts and the like. In spring 1993 construction began on a 66,000 dome stadium in downtown St. Louis.
Now known as the Dome at America’s Center, the facility today remains the site of major performances and shows. In 2002, St. Louis city voters displayed their frustration with public stadium financing by passing a ballot measure that required a public vote to approve any future sports subsidies. After the 2004 season, the Rams installed Fieldturf and upgraded the video/scoreboards. Copyright © 2001 - 2020. Owner Georgia Frontiere wanted a new football only stadium for the Rams. After the Cardinals departure, officials began to seek either an expansion franchise or lure an existing team to the city. The Rams played at Anaheim Stadium, a multipurpose stadium they had shared with the California Angels (MLB) since 1980. A “Magic Turf” system allows the football field to be rolled up in an hour.
In 1988, for the first time since 1960, the City of St. Louis lacked a professional football team. The stadium can be transformed into a convention center very quickly. All quotes delayed a minimum of 15 minutes. Last August, Moody’s Investors Service downgraded the city’s credit rating to Aa1 from Aa3, which could lead to increased borrowing costs. And it’s coming at a time when the city is facing a spiking murder rate, high poverty and high debt. Unlike other stadium deals, the St. Louis contract included a clause requiring the 67,000-seat dome be maintained to a first-tier standard, meaning the facility must be considered among the top quarter of all NFL football facilities.
City officials wanted to build a stadium in the city, while county officials wanted it built in the county. Construction of the Rams new stadium in St. Louis was expected to be completed by the 1995 season, but delays forced the team to play at Busch Stadium for several games. “These things become economically obsolete before they become physically obsolete,” said Victor Matheson, College of the Holy Cross economics professor. The team’s contract with the St. Louis Convention and Visitors Commission mandated the Edward Jones Dome remain among the top eight NFL stadiums or the team could break their lease at certain junctures, beginning after the 2014 season. “I just became so cynical.”. In St. Louis, the $280 million agreement to build the Edward Jones Dome for the Rams raised eyebrows since its opening in 1995. The next day, voters rejected a $180 million proposal to purchase more fire trucks and improve police equipment. NFL stadiums are primarily designed for one thing - eight home games a year - and don’t necessarily adapt well to alternate uses. In St. Louis, the $280 million agreement to build the Edward Jones Dome for the Rams raised eyebrows since its opening in 1995. The state, which paid $12 million annually, made $12.4 million in revenues from NFL activities, Missouri Department of Economic Development estimated. Robert F. Kennedy Memorial Stadium, the Washington Redskins’ former home, may meet the same fate, said Greg O’Dell, president and CEO of Events DC, the convention and sports authority that owns the stadium. Professional football in the city dates to 1960, when the NFL Cardinals moved from Chicago to St. Louis. The Detroit Lions’ former Silverdome in Pontiac, Michigan, was used sporadically after the team moved downtown in 2002, but shuttered for good when the inflatable roof was deflated. Construction of the Rams new stadium in St. Louis was expected to be completed by the 1995 season, but delays forced the team to play at Busch Stadium for several games. A ring of fame is located inside the stadium containing the retired numbers of Rams Hall of Famers. The stadium has changed names several times, from the TWA Dome to the Dome at America’s Center, to its present day name, the Edward Jones Dome. Under the terms of the lease agreement, the St. Louis CVC was required to make modifications to the Edward Jones Dome in 2005. In May 2012 the Rams unveiled a proposal to upgrade the Edward Jones Dome. This complex, along with Edward Jones Dome, hosts many other events besides football, including concerts and conventions. (Reuters) - The National Football League’s Rams left behind more than bitterness when the team ditched St. Louis for Los Angeles last month - it left a stadium saddled with about $144 million in debt and maintenance costs. The facade of the stadium consists of brick and glass. Our Standards: The Thomson Reuters Trust Principles. However in October 1993, city’s dreams of attracting an expansion franchise were shattered when the NFL awarded Charlotte and Jacksonville teams. In the heartland of the country sits the City of St. Louis, home of the Rams from 1995 until 2015. –Cost: $280 Million The Rams almost moved to Baltimore, but since a new stadium was under construction in St. Louis, Frontiere moved the team to St. Louis after the 1994 season. From 1966 until 1987, the football Cardinals played at Busch Stadium, a multipurpose stadium in downtown St. Louis that was also the home baseball’s St. Louis Cardinals. –Capacity: 66,000 St. Louis balked, and the Rams started looking elsewhere. By the early 1990s, the team was unable to garner support for a new stadium in Los Angeles and began exploring options to relocate to another city. It’s not uncommon for local governments to pay debts and maintenance on abandoned stadiums for years - even after it is demolished.
This was a blow to the city but St. Louis began to court teams in other cities for relocation including the New England Patriots, Cincinnati Bengals and Los Angeles Rams.
But last summer, a judge invalidated the law as too vague. Throughout the 1980s, the Cardinals (NFL) were one of the worst teams in the league and struggled to attract fans to Busch Stadium. The Rams and the St. Louis CVC began negotiating a deal to get the Rams’ home stadium, the Edward Jones Dome, into the top 25 percent of stadiums in the league (i.e., top eight of 32 NFL teams, in reference to luxury boxes, amenities and overall fan experience). Contact us with any problems on this page. See here for a complete list of exchanges and delays. –Private Financing: 4%. The county paid $6 million annually; it’s unclear how much of that was offset by Rams-related revenues. As the stadium aged - and new, state-of-the-art NFL stadiums were erected in New Jersey, Texas, and California – the bar became more onerous. Often, local governments must pay bonds, maintenance costs, or demolition fees after a team is gone. Today, after years of exposure to the elements, the Silverdome is slated for demolition. –Surface: Fieldturf In January 2015, owner of the Rams, Stan Kroenke, announced plans to build a 80,000 seat NFL stadium in Inglewood, CA, just outside Los Angeles. Over 66,000 seats in three tiers circle the entire field. Edward Jones Dome has 6,300 club seats and 125 luxury suites. –Tenant: St. Louis Rams “The fans are being left holding the bag,” Reed said. By the early 1990s, a new stadium-convention center was planned in order to show the city’s commitment to bringing football back to St. Louis. The leftover debt and maintenance costs are another example of the NFL’s negotiating prowess with many cities, sports economists said, and also reflects larger problems with the deal St. Louis struck with the Rams. The St. Louis Rams’ first game at the Edward Jones Dome was on November 12, 1995. “When you live in an urban area, there is money needed for public safety, public health, even just repairing potholes,” Oxford said. Philadelphia has $160,000 left to pay on Veterans Stadium, more than a decade after the facility was torn down. The juxtaposition of residents voting on such basic needs while being denied a say on stadium subsidies did not sit well with Jeanette Mott Oxford, executive director of Empower Missouri, a social justice organization, and co-founder of the Coalition Against Public Funding for Stadiums that campaigned for the ordinance. Cities also have little chance of attracting a new professional team to an old stadium; building a glitzy new one is often what it takes to win league approval. To cover costs, the city paid about $6 million for annual debt service and maintenance for the stadium but collected only about $4.2 million in direct revenues from Rams games, according to the Mayor’s office. It is part of the expanded America’s Center convention complex. St. Louis Board of Aldermen President Lewis Reed has asked the NFL to help pay off the stadium, but so far has gotten no response. –Closed: December 17, 2015, –Architect: Populus