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After losing in real estate, Matt Stover hopes Rams compensate players

S&P Index Reports Record Drop In U.S. Home Prices

GLENDALE, CA - NOVEMBER 27: A reduced price sign sits in front of a house November 27, 2007 in Glendale, California. U.S. home prices plummeted 4.5 percent in the third quarter from the year before. It is the biggest drop since the start of Standard & Poor?s nationwide housing index 20 years ago, the research group announced. Prices also fell 1.7 percent from the previous three-month period in the largest quarter-to-quarter decline in the index?s history. (Photo by David McNew/Getty Images)

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With all the big dollars being thrown around in the Rams’ move to Los Angeles, it’s easy to overlook the cost being paid by those with far less at stake — the Rams players.

While teams are responsible for moving costs and relocation expenses under the collective bargaining agreement, the Rams are also faced with the reality of moving to a market with much higher costs of living.

Former NFL kicker Matt Stover went through it when the Browns moved to Baltimore, and after losing his shirt in a real estate deal, thinks players deserve to be compensated.

“We weren’t ready for it, we had no control over it and we were under contract, so we were obligated to go,” Stover said, via Jamison Hensley of ESPN.com. “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.

Stover was the Browns union rep at the time of the move in 1996, and lost thousands when he sold his house. He said the organization didn’t repay any closing costs or realtor fees for the players who made the decision to settle down in Cleveland.

“There’ll be a considerable difference in net money or the ability for players to save while they’re living in the market,” Stover said.

And while there are some free agents who will be enticed by the bright lights of Hollywood and the weather, there will also be some who balance the costs of real estate and might be turned off. But for existing Rams players, there’s little choice.