Tuesday, August 27, 2019
SHOCK!!! KANSAS CITY ROYALS SALE RUMORED AMID HORRIFIC DOWNWARD SPIRAL OF TEAM AND COWTOWN!!!
Tonight newsies and social media pundits clamor over the possible sale of the Kansas City Royals instead of wondering about the latest antics of the Queen or how many angels can dance on the head of a pin.
To wit . . .
KANSAS CITY DISTRACTED: AMID A TRAGIC MURDER SPREE LOCAL NEWS WORKS HARD TO FIND HOPE FOR THE NEARLY IRREDEEMABLE TEAM & TOWN!!!
As always, we remind readers that the world series win was just a fluke and the team is the beneficiary of moneyball luck. And so the cash out isn't so much "news" as it is an inevitability.
Maybe the new boss . . .
Forbes put the value of the Royals at $1 billion in April. The magazine ranked the team 28th in terms of valuation among the 30 Major League Baseball teams.
John Sherman built up Kansas City-based Inergy LP through numerous mergers before the company combined with Crestwood Holdings in 2013, creating a $7 billion midstream energy partnership. Earlier still, he started LPG Services Group in 1991 and sold it to Dynegy for $8.6 million in 1996.
After the Inergy deal, Sherman turned to investment and philanthropy. He also developed an interest in owning a professional sports team. Working with advisory firm Game Plan, he got in touch with the Dolan family, owners of the Cleveland Indians. He bought a minority stake in the team in 2016 and is vice chairman.
Royals spokesman tweet:
"The Kansas City Royals are not in a position to make any comments on the published speculation regarding any potential sale of the ball club. The Royals will make no further statements at this time."
Check the links:
The Athletic Started The Rumor: Rosenthal and Stark: The Royals are discussing a sale of the club
KCTV5: Multiple reports are indicating that Kansas City Royals owner David Glass is looking to sell the club, which he has owned since 2000.
KMBC: Glass negotiating with John Sherman
Fox4: Of course, so far, the two men haven't reached a deal, and if they did, it would have to be approved by all the other major league owners.
You decide . . .