Rams could pay more than $31 million to settle St. Louis PSL lawsuits

Mike Florio
ProFootball Talk on NBC Sports

The cost of doing business has gotten a little more costly for the Rams.

The team that left St. Louis nearly three years ago will pay up to $24 million to settle lawsuits filed by fans who had purchased Personal Seat Licenses at the facility previously known as the Edward Jones Dome.

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According to the Los Angeles Times, the settlement covers 46,000 PSLs that were scheduled to run through 2024.

The payments will range from $75 to $1,350, based on the PSL. The payments are capped at $24 million; if the claims exceed that amount, they’ll be reduced on a pro rata basis.

Typically, the settlement of a class-action lawsuit entails a specific plan for providing all potential claimants with notice that they have the right to collect.

The settlement also will pay the lawyers who brought the lawsuit $7.2 million, pushing the maximum total payout north of $31 million. The entire settlement will be subject to court approval.

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