The NFL and Stan Kroenke will pay $790 million to settle a lawsuit followed by St. Louis interests over the relocation of the Los Angeles Rams.
It wasn't immediately clear how much would be paid by Kroenke and how much would be covered by owners of the league's 31 other teams.
"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,'' read a statement from St. Louis Mayor Tishaura Jones and St. Louis County Executive Sam Page.
The case had been scheduled to go to trial Jan. 10. The lawsuit sought more than $1 billion.