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L.A. move boosts Rams' value to $2.9 billion

Moving to Los Angeles didn't seem to do much for the Rams on-the-field fortunes, but leaving St. Louis for Hollywood seemed to be a savvy business move for owner Stan Kroenke.

Forbes, in its annual NFL franchise values list published Wednesday, estimates the Rams are now the sixth-most valuable team in the league at $2.9 billion. That's up from $1.45 billion last year, which made the Rams the 28th-most valuable franchise in the league.

It's not a complete net gain for Kroenke, however, as the publication notes his relocation fee will come out to $65 million a year to be paid from 2020 to 2029.