MLB Rumors: Kansas City Royals Owner Is Considering Selling Team
The Kansas City Royals soon may be under new ownership.
Owner David Glass reportedly is discussing the sale of the team with local businessman John Sherman, who currently is a minority owner and vice chairman of the Cleveland Indians, according to ESPN’s Jeff Passan. Sherman reportedly would divest should a deal be struck.
The Royals could be sold for $1 billion or more, per Passan.
Glass has owned the Royals since 2000 when he bought the team for $96 million, per Passan. He turns 84 on Sept. 2. His 60-year-old son, Dan, is in his 20th season as the team’s president.
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