The Indianapolis Colts have reached a tentative settlement with the city of Baltimore that will allow the Colts to remain in Indianapolis. Under terms of the settlement, Baltimore will be allowed to regain the memorabilia associated with its former NFL franchise and all lawsuits will be dropped.
The Colts also agreed to pay $400,000 to Baltimore to cover legal fees and to support the city's efforts to regain an NFL franchise if the league moves to expand before April 1, 1989.
Under the settlement, Baltimore would pay $4.6 million to buy the Colts' old training facility at Owings Mills, Md., which has stood idle since the team's move to Indianapolis. Colt owner Robert Irsay has tried in vain the sell the facility.