| Rams Part-Owner Stan Kroenke Won't Seek Cross-Ownership Exemption? | | |
It’s been a little over four weeks since Illinois businessman Shahid Khan reached agreement to purchase 60 percent of the Rams from Chip Rosenbloom and Lucia Rodriguez for $450 million which means Rams part owner Stan Kroenke is about halfway through his 60-day window for deciding on his next move. With the NFL’s annual meeting scheduled to begin next Sunday (March 21) in Orlando, league sources told Howard Balzer of the Globe-Democrat there has been no indication that Kroenke is seeking to have the NFL make an exception or to change its cross-ownership rules that prohibit him from owning an NFL team while also owning teams in another market that has an NFL team. Kroenke currently owns the NBA’s Denver Nuggets and the NHL’s Colorado Avalanche and could adhere to the rules by selling those teams, but if he was inclined to do that, he could have already bought the Rams.
Source: St. Louis Globe-Democrat
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