NFL team Los Angeles Rams is moving to California and there is a lot of money involved with the moved, although the expenses may be easily overlooked by those paying for it-the players.
NBC Sports reports that the teams handle the moving costs and relocation expenses of the players as part of the collective bargaining agreement but in this instance, the Rams will also face the fact that they are moving to a market with a higher cost of living compared to where they currently are. In the country, Los Angeles is one of the most expensive cities to live in.
Matt Stover, a former NFL kicker, the third most accurate the National Football League has ever seen, experienced the same thing when the Browns moved to Baltimore. He lost in the real estate big time and now, he hopes that players ought to be compensated or he thinks they ought to be.
He said to ESPN, NBC Sports adds, "We weren't ready for it, we had no control over it and we were under contract, so we were obligated to go. I'm hoping the Rams organization will take care of their players. There should be a financial package for the players moving to L.A."
When the Browns moved in 1996, Stover was the team's union representative. He sold his house and he lost thousands of dollars then. He revealed that the players were not compensated for the any of the closing costs or realtor fees.
He added, "There'll be a considerable difference in net money or the ability for players to save while they're living in the market."
Of course, the existing Rams players have little choice in the matter although some of the agents may be happy with the move, those who are thinking balancing the costs of real estate might be disappointed, regardless how bright the lights in Hollywood are or how perfect the weather is.
