Article 4HVC6 Report: Rams agree to pay $7.2M to attorneys of ex-PSL holders in St. Louis

Report: Rams agree to pay $7.2M to attorneys of ex-PSL holders in St. Louis

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Michael McClymont
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The Los Angeles Rams have agreed to pay $7.2 million in fees to the attorneys of former personal seat license (PSL) holders in St. Louis over the team's move to California in 2016, reports Daniel Kaplan of The Athletic.

The Rams settled a class-action lawsuit against them in January, agreeing to pay up to $24 million - a third of the cost of the seat licenses - to the fans behind the legal action, according to David Hunn of the St. Louis Post-Dispatch. The attorneys' fees, among other costs, were to be paid by the Rams separately from the $24-million settlement.

PSL holders are expected to begin receiving payouts in December and have until late August to file for a refund, Hunn adds. Those license holders will receive a refund of 30 percent of their original purchase price. That amount accounts for the nine years remaining on the 30-year license when the Rams left for L.A.

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