The Rams moved to St. Louis from Los Angeles in 1995. (Otto Greule Jr / Getty Images)
St. Rams owner Stan Kroenke recently bought a 60-acre tract of land in Inglewood, Calif., through an affiliated holding company, according to reports in the Los Angeles Times and the St. Louis Post-Dispatch.
The parcel is between the Forum and Hollywood Park and could be used to house a new NFL stadium, according to LA Timesí sources.
However, Kroenke has accrued has fortune through land development and already owns several parcels in California, an espn.com report said.
The Ramsí lease at Edward Jones Dome in St. Louis expires after this season and will become a year-to-year arrangement starting in 2015 if the stadium is not upgraded, according to espn.com.
The St. Louis Convention and Visitors Commission proposed a $124 renovation two years ago while the team has countered with an upgrade estimated to in the range of $700 million.
An arbitrator ruled in favor of the Ramsí proposal, but the commission said it doesnít plan to follow through with the more elaborate renovation.