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Source: FedEx CEO Fred Smith not interested in Rams
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FedEx founder and CEO Frederick W. Smith is not interested is buying a majority share of the NFL's St. Louis Rams, a source close to Smith said Tuesday.
The St. Louis Business Journal reported on its Web site Friday that Smith -- a former leader of Memphis' NFL expansion effort and 10 percent owner of the Washington Redskins -- was on "the short list of people whose names are circulating as potential bidders."
However, the report appeared to be based more on Smith's natural fit as a majority team owner -- his wealth, ties to the NFL and passion for football -- than on any evidence of him showing interest in the Rams.
FedEx spokesman Jesse Bunn declined comment Friday and again Tuesday on the St. Louis Business Journal report.
The report had led to speculation about whether Smith might buy the Rams and relocate them to Memphis, given this city's long history of NFL pursuit as well as stadium issues in St. Louis. A clause in the Rams' lease states that if the Edward Jones Dome is not ranked among the top eight in the NFL, the team could opt out of its lease after the 2014 season.
-- David Williams----------
So, at least that rumor's out of the way quickly. Also, it makes all of the current rumored candidates to buy the team - all two of them, Kroenke and Checketts - arguably local people, so that's a good thing.
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