NFL to pay $790 million to settle Rams' relocation dispute

The NFL has reached a $790 million settlement with the city of St. Louis and others related to the relocation of the Rams to Los Angeles five years ago.

The New York Times reported that Rams owner Stan Kroenke is expected to reimburse the NFL for most, if not all, of the settlement.

"Today, St. Louis City, County, and the Regional Convention and Sports Complex Authority signed a $790 million settlement agreement with Rams owner Stan Kroenke and the National Football League," St. Louis Mayor Tishaura Jones and St. Louis County Executive Sam Page said in a joint statement Wednesday.

"This historic agreement closes a long chapter for our region, securing hundreds of millions of dollars for our communities while avoiding the uncertainty of the trial and appellate process," they added.