Edward Jones Dome running out of money

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by Associated Press

KMOV.com

Posted on June 11, 2014 at 10:50 AM

ST. LOUIS (AP) -- The indoor football stadium that the St. Louis Rams call home is running out of money.

The St. Louis Post -Dispatch reports that the publicly-funded Edward Jones Dome anticipates needing an extra $40 million to cover maintenance over the next 15 years. The St. Louis Regional Convention and Sports Complex Authority, which owns the downtown dome, expects to exhaust its $16 million in savings in six years.

The dome receives $4 million annually for yearly maintenance for the city of St. Louis, St. Louis County and the state of Missouri.

 

The stadium’s future remains in limbo as lease negotiations between St. Louis Rams owner Stan Kroenke and the stadium authority drag on. The Rams can break their 30-year lease after the upcoming season, which would be a decade early.

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