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Kroenke and every NFL owner is a defendant in that suit

Posted on: May 21, 2020 at 20:32:35 CT
OntheMark MU
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That is why it is going to settle. Through discovery they will have access to Goodell's, Kroenke's, Spanos' Jerry Jones' etc. etc. emails, texts and other correspondence. Think the NFL wants any of that to come to light?

That is also why it doesn't matter if Kroenke and the Rams file for Chapter 11. There will be plenty of defendants to go after.

Read this article from ESPN several months ago. It's a great read; I was smiling/laughing all the way through it. He is completely screwed and it is all due to his own greed.

https://www.espn.com/nfl/story/_/id/28117460/inside-rams-chargers-marriage-nfl-fights-los-angeles

But back to the loans, trust me, those are adequately secured. Either he had to personally guaranteed them, or some of his corporate entities did, or he had to pledge other assets as security (e.g., shopping centers, the Nuggets). I would hope you are right that he was not stupid enough to have his wife sign off on anything (she is worth 8-9 billion with a "b" by the the way).

As for the legal talent, the NFL's high priced legal team has gotten its ass handed to it at every round of this by a mid-sized St. Louis law firm. In that article, I loved the exchange where the NFL attorney stupidly brought up that the lease was over so the Rams could move wherever they wanted. The judge asked don't they need league approval? The NFL attorney said yes. The judge: "Well isn't that what we are here arguing about?" The St. Louis attorney jumped all over that and won the motion to keep it here and prevent them from taking it to arbitration instead of open court.

The least that is going to happen here is that the NFL will pay off the bonds that exist on the Stadium. I think they are looking at a whole lot more if they don't settle.
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OT: Rams going Bankrupt? Part III - North co-co champs MU - 5/20 20:16:16
     RE: OT: Rams going Bankrupt? Part III - Role Call MU - 5/21 11:51:16
          RE: OT: Rams going Bankrupt? Part III - North co-co champs MU - 5/21 12:19:30
     A lot of local Sports stations have a ton of audio/video of - ADelpiero10 MU - 5/21 07:03:47
          And that part that I love most is that the NFL can't.... - North co-co champs MU - 5/21 09:05:43
     Are you familiar with Chapter 11 of the U.S. Bankruptcy Code - ScottsdaleTiger MU - 5/21 00:19:08
          Are you familiar with commercial loan financing? - OntheMark MU - 5/21 12:45:18
               I am familar and I wouldn't bet there are personal guarantee - ScottsdaleTiger MU - 5/21 13:23:24
                    Kroenke and every NFL owner is a defendant in that suit - OntheMark MU - 5/21 20:32:35
                    Defendants in the lawsuit are - BigDave MU - 5/21 15:06:08
          I am. You aren't obviously. 10 pro sports teams have.... - North co-co champs MU - 5/21 07:52:14
               Let's just wait and see what happens, but I suspect - ScottsdaleTiger MU - 5/21 12:39:15
                    All the possible outcomes are delicious (nm) - North co-co champs MU - 5/21 12:48:20
     Everything about the Rams move - BigDave MU - 5/20 23:58:41
          Ultimate settlement: NFL offers ST. Louis.... - North co-co champs MU - 5/21 00:06:22
               Why in the world would anyone want the - Sarazen KC - 5/21 13:39:29
                    You must not be familiar with its long storied history (nm) - North co-co champs MU - 5/21 15:04:35
                         Won't happen but if it does Stallions as the Jags should - Erwin Fletcher STL - 5/21 19:29:46
               The NFL isn't ever coming back to St Louis. - Fred G. Sanford MSU - 5/21 08:15:25
               That's laughable - samclemens MU - 5/21 07:23:03
                    Never won anything but the only Super Bowl in team history - North co-co champs MU - 5/21 07:53:21
                    They won a Super Bowl - 615Tiger STL - 5/21 07:34:53
                         Not to mention the fact - BigDave MU - 5/21 08:30:31
     Kick his ass in court and do it before he dies please. He - Erwin Fletcher STL - 5/20 23:22:22
          The universe sometimes feels like a simulation, and this - North co-co champs MU - 5/20 23:43:35
     This ****er makes Charlie O. Finley and Walter O’Malley - Grant1818 MU - 5/20 21:09:45
     The only thing funny though is - Genco98 MU - 5/20 21:06:45
     Why can’t Kronke just spend money on Mizzou - BurgTiger MU - 5/20 20:46:24
          No thanks. - Grant1818 MU - 5/20 21:12:05
               He disgusts me, but why not accept a few MIL (or more)? - winslow MU - 5/21 18:29:34
          He's in the reboot of 'Can't Buy Me Love' - "you coulda - North co-co champs MU - 5/20 20:48:44




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