St. Louis Rams and CVC Will Continue Negotiations; Terms of Arbitration Released

June 2, 2012   ·   Justin Gibson   ·   Jump to comments

The St. Louis Convention and Visitors Commission (CVC) and the Rams will negotiate renovations to the Edward Jones Dome before the issue goes to arbitration on June 15, according to the St. Louis Post-Dispatch.
On Friday, the CVC rejected the Rams' proposal to upgrade the Edward Jones Dome that called for a major overhaul of the stadium. The city estimated the Rams' proposal to not only cost near $700 million, but it would essentially be impossible to hold large events during construction.
In a statement released by the CVC, the agency said it hopes to find a resolution in the middle before it goes to arbitration.
"The St. Louis CVC expressed to the St. Louis Rams that it believes that it is in the best interest of the community and the Rams to engage in meaningful dialogue over the next two weeks," the statement said, "and (the CVC) looks forward to the opportunity to do so at the earliest convenience of Rams management."
The arbitrator's ruling, which coul...

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