Rams owner will not move team

ST. LOUIS (TICKER) St. Louis Rams owner Chip Rosenbloom admitted Tuesday that he has been approached regarding a possible sale of the team.

But Rosenbloom also claimed in a written statement that his family has “every intention” of keeping the team in St. Louis.

Rosenbloom and his sister Lucia Rodriguez assumed control of the franchise when their mother, Georgia Frontiere, died in January.

A recent report from Yahoo! Sports claimed that the Rams were on the market for $900 million - a rumor that Rosenbloom denied in his statement.

“It has only been four months since my mom passed away,” Rosenbloom said. “Her passing immediately caused speculation that we were selling the team. When a team is passed from one generation to another, it becomes to some a calling card that the team must be for sale.

“So to reply to this article: Nothing has changed since my mom’s passing. We’ve been approached by several people.”

Rosenbloom explicitly refuted the Yahoo! Sports report, which named former San Francisco 49ers owner Eddie DeBartolo as a potential buyer of the Rams.

“I know that they are definitely in play,” DeBartolo told the web site. “Georgia’s kids have decided to sell the team. I’ve talked to some people who are brokering things, and they’ve told me about the price and what the deal might entail.”

In his statement, Rosenbloom did not declare his intentions regarding a potential future sale. But he did state that he does not want the Rams to relocate.

“We plan on using the season to show that the performance on the field will be exciting and to honor my mom,” Rosenbloom said. “And while we deal with her estate, I can assure you we have every intention of keeping the Rams in St. Louis.”

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Updated Tuesday, May 20, 2008