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St. Louis Rams

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  Sale rumors won't go away soon


July 16, 2008

Related Topics
• Chip Rosenbloom
• Moag & Co.
• St. Louis Post-Dispatch
• Baltimore
• John Shaw
• Georgia Frontiere
• Los Angeles
• SportsBusiness Journal

Contrary to a report in the SportsBusiness Journal citing unidentified sources, Rams owner Chip Rosenbloom told the St. Louis Post-Dispatch early this week that he wasn’t actively seeking prospective buyers for the team. Rosenbloom did confirm that the Rams have hired a Baltimore-based firm (Moag & Co.) that specializes in sports investments, which prompted the SportsBusiness report, but added that the firm was brought on board to specifically monitor the numerous sale inquiries that continue to clutter team president John Shaw’s desk on a regular basis. Will Rosenbloom’s latest public comment on a sale rumor that has been quietly simmering since the league owners meetings this past April put an end to the speculation that new ownership could materialize down the road? The way we hear it, that’s not likely to be the case, with Rosenbloom himself leaving the door open in his exchange with the Post-Dispatch. “If the right person at the right time with the right price came, I suppose that you might sell your house, right?” Rosenbloom said. “If we get a phone call today from somebody who says the right things, we would listen. And that’s why Moag is there.” Team insiders maintain that, although Rosenbloom has said all the right things since gaining control of the team following the Jan. 18 death of his mother, Georgia Frontiere, potentially massive estate taxes, coupled with an increasingly delicate stadium issue, could possibly trigger an ownership change down the road, with Rosenbloom returning full time to a less-taxing life as a prosperous Los Angeles-based film producer.

 
   






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