text: The feasibility of the team was no longer a question, but it was still up to the league to decide where the new team would go. On October 26, 1993, the league announced that the owners had unanimously voted for the Carolinas to receive the 29th franchise, the first new NFL team since 1976 (Jacksonville was named the 30th team a month later). Fans all over the region celebrated with fireworks. In a memorable moment during the expansion announcement conference, Richardson spoke directly into a camera feed going to the Carolinas to thank the 40,000 people who had purchased the PSLs and allowing the stadium to be built without a burden to the taxpayers.
  Even though St. Louis and Baltimore lost out on their expansion bids, they eventually acquired new teams: the Los Angeles Rams moved to St. Louis in 1995 (however, the Rams would return to Los Angeles in 2016), and as the result of the 1996 Cleveland Browns relocation controversy, the Baltimore Ravens were established by the league as technically a new expansion team. Memphis also temporarily received a team when the Houston Oilers relocated in 1996 to Tennessee, intending to play the 1997 and 1998 seasons in Liberty Bowl Memorial Stadium while what is now called Nissan Stadium in Nashville was being constructed.