Manage episode 306989083 series 2819616
A big story on the St. Louis Rams Relocation Lawsuit. We cover it with A.J. Perez (@ByAJPerez) of Front Office Sports who broke the news.
We are starting to see some real movement on settlement as trial looms. The problem is how do you settle a case worth BILLIONS if only one owner is required to contribute pursuant to an Indemnification Agreement. Well Rams owner Stan Kroenke reportedly isn't ready to cave that the Indemnification Agreement requires him to do anything other than pay attorney's fees--- and NOT damages. Obviously, the other 31 owners disagree.
Naturally, the interpretation of this agreement has tremendous ramifications on whether St. Louis will get an expansion franchise as the smoke on this lawsuit clears. We break it down its enforceability and - if the trial proceeds - why the NFL has to be very worried about former Carolina Panthers owner Jerry Richardson.
We're now less than 60 days away from trial. Tick Tock.
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Dan Wallach (@WallachLegal)
Dan Lust (@SportsLawLust)
Conduct Detrimental (@ConDetrimental)