Yep. The media got it wrong again. Read the real story in his own words.
“David Checketts, an investor and owner of sports teams, approached me in late May about investing in the St. Louis Rams football franchise. As a football fan, I was intrigued. I invited him to my home where we discussed it further. Even after informing him that some people might try to make an issue of my participation, Mr. Checketts said he didn’t much care. I accepted his offer.”