Stan Kroenke’s NFL team left St. Louis nearly a decade ago. The $790 settlement of a lawsuit sparked by the team’s return to L.A. seemingly ended all business between Kroenke and Missouri.
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That article didn’t explain why it would be sold for $1. Anyone know?
This one explains it a little more.
The case apparently will turn on the difference between termination and expiration. If the lease terminates, Kroenke can buy the property for $1. It has expired. Is that termination or not?
Tax fraud