The NFL’s Los Angeles Rams has reached a settlement in a class-action suit filed on behalf of Personal Seat License (PSL) holders after the team’s switch from St Louis.
No financial details were announced in relation to the three lawsuits brought by PSL holders who were left disgruntled after the Rams announced their 2,000-mile move in 2016 – almost a decade before the end of their 30-year licence deals.
The PSLs were one-time fees that gave purchasers the right to buy season tickets. It is thought that about 46,000 people had PSLs, which give the holder the right to purchase season tickets, some at a cost of up to $1,000. Some were sold directly by the Rams while others by an organisation called FANS Inc.
The lawsuit was originally heard in late 2016, when US District Judge Stephen Limbaugh ruled that the Rams had to grant season tickets to St Louis PSL holders after the switch to Los Angeles or refund deposits.
After two years of legal wrangling, court records show the Rams have now come to an agreement with the PSL owners.
Earlier this year it was announced that Los Angeles Rams and Chargers fans will pay fees of up to $100,000 to secure ticket licences at the NFL American football teams’ future home. Known as Los Angeles Stadium at Hollywood Park (pictured), the 70,000-capacity venue is due to open in 2020.
Premium seats for the Inglewood project will hold a licensing bill of $75,000 for Chargers season-ticket holders and a massive $100,000 for Rams season-ticket holders.
The Rams currently play their home games at Los Angeles’ iconic Coliseum.