St. Louis Rams submitted their counter-proposal to the St. Louis Convention and Visitors Commission regarding renovation plans for the Edward Jones Dome by the May 1 deadline, but the team released a statement that the their proposal will remain confidential. Back on March 1, the CVC's $124 million plan to renovate the Edward Jones Dome was rejected by the Rams. Now the CVC will have until June 15 to either accept or reject the team's counter-proposal, and if the parties cannot reach an agreement by June 15 the issue will be handled through arbitration.
The situation stems from a clause in the stadium lease that would allow the Rams to opt out in 2015 if the Edward Jones Dome is not deemed to be a "first-tier" facility among the top eight stadiums in the NFL. The proposals by both parties are aimed at satisfying that clause in the lease.
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