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Rams sign $24 million settlement agreement in St. Louis PSL lawsuit

Los Angeles Rams COO Kevin Demoff has signed a settlement that could mean up to $24 million in compensation for personal seat license-holders in St. Louis left in the lurch when the team left in 2016, court filings Wednesday say.

Lawyers on both sides of the case filed a status report that included the signature and said a motion to approve the settlement was now "ripe" for a ruling by U.S. District Judge Stephen N. Limbaugh Jr. The report says the Rams have hired a claims administrator who is ready to start notifying PSL holders.

One of the firms representing owners said that once the settlement is approved, PSL owners should hear about it within three weeks, either by mail, email or in the media.