Limbaugh bidding to purchase Rams
ST. LOUIS - The lowly Rams have someone who loves them.
Conservative talk-radio host Rush Limbaugh said yesterday he is teaming up with St. Louis Blues owner Dave Checketts in a bid to buy the Rams, owners of the NFL's longest losing streak at 14 and just 5-31 since 2007.
In a statement, Limbaugh declined to discuss details, citing a confidentiality agreement with Goldman Sachs, the investment firm hired by the family of former Rams owner Georgia Frontiere to review assets of her estate, including the NFL team.
Limbaugh also declined to discuss other partners who might be involved in the bid, but said he and Checketts would operate the team.
"Dave Checketts and I have made a bid to buy the Rams and we are continuing the process," Limbaugh said.
Forbes magazine has estimated the Rams' franchise has a value of $929 million.
Frontiere's children, Chip Rosenbloom and Lucia Rodriguez, inherited 60 percent of the Rams when their mother died in January 2008. Billionaire Stan Kroenke, of Columbia, Mo., owns the remaining 40 percent. It wasn't clear if the Limbaugh/Checketts bid was for 100 percent of the Rams or just the share owned by Rosenbloom and Rodriguez.
Limbaugh is a native of Cape Girardeau, Mo., about 100 miles south of St. Louis. He's so popular among conservatives - fans of his show call themselves "dittoheads" - that he has been called by some the voice of the Republican Party.
Limbaugh, who lives and works in Palm Beach, Fla., once worked for the Kansas City Royals and is an avid sports fan.
Limbaugh worked briefly on ESPN's NFL pregame show in 2003, but he resigned after saying the Eagles' Donovan McNabb was overrated because the media wanted to see a black quarterback succeed.