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The Nuggets and Avalanche franchises are held in the name of his wife, Ann Walton Kroenke, to evade NFL rules that forbid a team owner from having teams in other markets. [2] Ann, part of the Walton family, is the daughter of Walmart co-founder James "Bud" Walton. Kroenke was estimated to be worth US$10.7 billion by Forbes in 2022.
On August 25, 2010, KSE became full owner of the Rams by unanimous consent of the NFL. To gain approval from NFL owners, KSE, with Stan Kroenke listed as the owner, agreed to turn over control of the Denver Nuggets and Colorado Avalanche to Josh Kroenke by the end of 2010, and for Stan Kroenke to give up his personal majority stakes in both ...
Dallas Cowboys owner Jerry Jones is among the NFL owners who are worth more than $1 billion. (Photo by Thearon W. Henderson/Getty Images) (Thearon W. Henderson via Getty Images)
The NFL forbids corporations, religious groups, governments, and non-profit organizations from owning stakes in teams. [38] The NFL requires a controlling owner to hold at minimum a 30% stake in the team and forbids ownership groups of over 24 people, or any publicly traded corporations from purchasing NFL teams; one team, the Green Bay Packers, is exempt from this under a grandfather clause ...
Stan Kroenke had a vision for bringing the NFL back to L.A.; its foundation was SoFi Stadium, which has become a cultural epicenter that extends beyond sports. Stan Kroenke: Championship owner ...
June 7, 2022 at 12:00 AM. The former 13-story Anthem Blue Cross tower in the Warner Center in 2017. (Myung J. Chun / Los Angeles Times) Rams owner Stan Kroenke has acquired a high-rise office ...
Kroenke, a real estate and sports mogul married to a Walmart heir, also owned Altitude Sports and Entertainment. [61] These interests violated the NFL's cross-ownership rule. Nevertheless, on August 25, 2010, NFL owners unanimously approved him as the owner of the franchise contingent upon his eventual divestment of his Colorado sports interests.
The only team owner who took Kroenke's side was Jones, according to the report. Jones said Kroenke has done a lot for the NFL, and praised Kroenke for getting a $6 billion stadium built in Los ...