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The Info List - Stan Kroenke


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ENOS STANLEY KROENKE (/ˈkroʊŋki/ ; born July 29, 1947) is an American business entrepreneur . He is the owner of Kroenke Sports & Entertainment , Denver Nuggets
Denver Nuggets
of the NBA , Colorado Avalanche
Colorado Avalanche
of the NHL , Colorado Rapids
Colorado Rapids
of Major League Soccer
Major League Soccer
, Colorado Mammoth
Colorado Mammoth
of the National Lacrosse League
National Lacrosse League
and the Los Angeles Rams
Los Angeles Rams
of the NFL
NFL
.

The Colorado
Colorado
sports properties are in the name of Josh Kroenke , one of his children, to satisfy NFL
NFL
ownership restrictions that forbid a team owner from owning teams in other markets. Kroenke is also the largest shareholder of English Premier League
Premier League
football club Arsenal .

Kroenke is named after St. Louis Cardinals
St. Louis Cardinals
Hall of Famers Enos Slaughter and Stan Musial
Stan Musial
. His wife, Ann Walton Kroenke , is the daughter of Walmart
Walmart
co-founder James Walton . Kroenke was estimated to be worth $ 8 billion by Forbes
Forbes
in 2016.

CONTENTS

* 1 Personal life * 2 Real estate * 3 Kroenke Sports & Entertainment
Kroenke Sports & Entertainment
* 4 St. Louis
St. Louis
Rams relocation to Los Angeles
Los Angeles
* 5 Other businesses * 6 Bloodsports channel controversy * 7 References * 8 External links

PERSONAL LIFE

Kroenke grew up in Mora, Missouri
Mora, Missouri
, an unincorporated community with a population of approximately two dozen, where his father owned Mora Lumber Company. His first job was sweeping the floor at his father's lumber yard. By age 10 he was keeping the company's books. In a September 2011 interview with The Telegraph newspaper, Kroenke said he was lucky — both as a youngster and later in life — to be surrounded by family and friends who saw the value of attaining a good education, which he said contributed to his success. At Cole Camp (Missouri) High School, he played baseball, basketball and ran track. He is of German descent and was raised Lutheran .

Kroenke obtained a Bachelor of Arts , Bachelor of Science
Bachelor of Science
and a Masters of Business Administration from the University of Missouri
University of Missouri
.

On a ski trip to Aspen, Colorado, Kroenke met his future wife, Ann Walton, a Wal-Mart
Wal-Mart
heiress. They married in 1974. Already wealthy from real estate, he accrued significant additional wealth when he and Ann inherited a stake in Wal-Mart
Wal-Mart
Stores Inc. upon the 1995 death of her father, James Walton. As of September 2015, that stake is worth $4.8 billion.

REAL ESTATE

He founded the Kroenke Group in 1983, a real estate development firm that has built numerous shopping centers and apartment buildings. Since his marriage to Walton, he has been in the special position to develop many of the plazas near Wal-Mart
Wal-Mart
stores.

He is also the chairman of THF Realty , an independent real estate development company that specializes in suburban development. He founded this corporation in St. Louis, Missouri, in 1991. In 2016, THF’s portfolio was valued at more than $2 billion, including more than 100 projects totaling 20 million square feet, primarily in retail shopping centers.

KROENKE SPORTS & ENTERTAINMENT

Main article: Kroenke Sports & Entertainment
Kroenke Sports & Entertainment

Kroenke is a well-known sports mogul . As the head and owner of Kroenke Sports & Entertainment, he bought a stake in the National Football League 's St. Louis
St. Louis
Rams after their relocation to Missouri in 1995. In 2000, he became full owner of both the National Basketball Association 's Denver Nuggets
Denver Nuggets
and the National Hockey League
National Hockey League
's Colorado Avalanche
Colorado Avalanche
, purchasing the teams from Charlie Lyons 's Ascent Entertainment Group. In 2002, he partnered with Denver Broncos
Denver Broncos
owner Pat Bowlen and former Bronco quarterback John Elway
John Elway
to become part-owner of the Arena Football League 's Colorado Crush
Colorado Crush
. He continued to grow his sports empire in 2004 when he purchased the National Lacrosse League
National Lacrosse League
's Colorado Mammoth
Colorado Mammoth
and Major League Soccer 's Colorado Rapids
Colorado Rapids
from Phil Anschutz .

In 2010, Kroenke exercised his right of first refusal to buy the remaining interest in the Rams from the estate of late owner Georgia Frontiere . On August 25, 2010, he became full owner of the Rams by unanimous consent of the NFL. To gain approval from NFL
NFL
owners, Kroenke agreed to turn over control of the Denver Nuggets
Denver Nuggets
and Colorado Avalanche to his son, Josh, by the end of 2010, and he had to give up his majority stake in both teams in December 2014. The NFL
NFL
does not allow its owners to hold majority control of major league teams in other NFL
NFL
markets. On October 7, 2015, the NFL
NFL
approved transfer of his ownership stake of the Avalanche and Nuggets to his wife, Ann Walton Kroenke .

Kroenke Sports & Entertainment
Kroenke Sports & Entertainment
also owns Pepsi Center
Pepsi Center
in Denver, home of the Nuggets and Avalanche, and co-owns Dick\'s Sporting Goods Park in Commerce City , home of the Rapids. Both venues were built by his development company. In 2004, Kroenke launched his own competitor to FSN Rocky Mountain (now known as AT -webkit-column-width: 30em; column-width: 30em; list-style-type: decimal;">

* ^ "Silent Stan shakes up St. Louis, L.A.". nbcsports.com. Retrieved 2016-01-19. * ^ Real Time Ranking (1970-01-01). "Stanley Kroenke". Forbes. Retrieved 2016-04-04. * ^ "PAGE BY PAGE REPORT DISPLAY FOR 20036560003 (Page 5976 of 6121)". Images.nictusa.com. Retrieved 2016-01-12. * ^ "Arsenal owner Stan Kroenke pays price for low profile". Telegraph. Retrieved 2016-01-12. * ^ Fenno, Nathan (January 17, 2015). " Stan Kroenke finishes what he starts; will finish line be in L.A.?". The Los Angeles
Los Angeles
Times. * ^ A B C Longman, Jere (January 14, 2010). "From an Owner to the Quietest Sports Emperor". The New York Times. * ^ Wilson, Jeremy (September 30, 2011). "The life and times of Arsenal owner Stan Kroenke". The Telegraph. * ^ " Forbes
Forbes
List: #79 Ann Walton Kroenke". Forbes
Forbes
. September 2015. Retrieved September 2, 2015. * ^ "Michael Staenberg". Retrieved 2016-02-26. * ^ "Arsenal shareholder Stan Kroenke to purchase NFL
NFL
side St Louis Rams". London: The Daily Telegraph
The Daily Telegraph
. April 13, 2010. Retrieved April 21, 2010. * ^ A B " Stan Kroenke is new Rams owner". ESPN
ESPN
. August 25, 2010. * ^ " NFL
NFL
owners let Kroenke keep Rams; transfer Nuggets, Avalanche to his wife". Retrieved October 7, 2015. * ^ "Kroenke buys stake in Arsenal". Soccernet.espn.go.com. 2007-04-05. Retrieved 2016-01-12. * ^ "Arsenal Holdings plc - Holding(s) in Company". PLUS Markets Group. 2007-04-12. Retrieved 2007-04-12. * ^ "Arsenal chairman to meet Kroenke". BBC. 2007-04-28. Retrieved 2007-04-28. * ^ Harris, Nick (2008-06-20). "Arsenal put Kroenke in position to take over club". London: Independent. Retrieved 2008-06-23. * ^ Main (2008-09-19). "Kroenke Welcomed On Board". Goal.com. Retrieved 2009-11-05. * ^ "Business Kroenke nears Arsenal threshold". BBC News. 2009-11-05. Retrieved 2009-11-05. * ^ Archived March 21, 2012, at the Wayback Machine
Wayback Machine
. * ^ "Exclusive: Kroenke poised for Control of Arsenal FC". Sky News. 2011-04-10. Retrieved 2011-04-10. * ^ "Kroenke mounts Arsenal takeover". BBC News. 2011-04-11. * ^ "Recommended Offer by KSE For Arsenal Holdings News Archive News". Arsenal.com. 2011-05-06. Retrieved 2016-01-12. * ^ " NFL
NFL
Owners OK Rams\' Move to St. Louis". Los Angeles
Los Angeles
Times. 13 April 1995. Retrieved 13 January 2015. * ^ "Kroenke\'s pledge to keep the Rams in St. Louis". St. Louis Post Dispatch. 21 April 2010. Retrieved 13 January 2015. * ^ http://profootballtalk.nbcsports.com/2013/02/02/rams-win-stadium-arbitration/ * ^ "Intrigue at Rams Park: Kroenke meets with Nixon". St. Louis Post Dispatch. November 30, 2015. Retrieved 30 November 2015. * ^ Farmer, Sam; Vincent, Roger (5 January 2015). "Owner of St. Louis Rams plans to build NFL
NFL
stadium in Inglewood". Los Angeles Times. Retrieved 5 January 2015. * ^ http://www.stltoday.com/news/local/govt-and-politics/kroenke-blasts-st-louis-in-nfl-relocation-proposal/article_cc72f61a-0c35-53bd-8890-0efde6402509.html * ^ http://www.stltoday.com/news/local/govt-and-politics/goodell-million-for-st-louis-stadium-fundamentally-inconsistent-with-nfl/article_1c529334-4e3f-5885-9f68-156184f56ad8.html * ^ http://www.101sports.com/2016/01/07/mayor-slay-defends-st-louis-kroenkes-claims-letter-goodell/ * ^ "Owner of St. Louis
St. Louis
Rams plans to build NFL
NFL
stadium in Inglewood". Los Angeles
Los Angeles
Times. November 11, 2015. Retrieved January 5, 2015. * ^ "Slay to Goodell: I cannot ever remember meeting Stan Kroenke.". St. Louis
St. Louis
Post Dispatch. January 7, 2016. Retrieved January 7, 2015. * ^ " St. Louis
St. Louis
to Kroenke: You\'re \'preposterous\'.". St. Louis Post Dispatch. January 7, 2016. Retrieved January 7, 2015. * ^ "Stan Kroenke\'s Bad Relocation Math.". St. Louis
St. Louis
Post Dispatch. January 6, 2016. Retrieved January 7, 2015. * ^ http://www.nytimes.com/2016/01/16/sports/football/st-louis-should-be-glad-it-lost-the-rams.html?_r=0 * ^ "Rams headed back to Los Angeles; Chargers have option to join". ESPN. 13 January 2016. Retrieved 13 January 2016. * ^ Thomas, Jim. " NFL
NFL
owners thrilled by Kroenke\'s move". St. Louis Post-Dispatch. Retrieved 13 January 2016. * ^ " St. Louis
St. Louis
suing NFL
NFL
over Rams\' relocation". USAToday.com. 12 April 2017. Retrieved 13 April 2017. * ^ http://profootballtalk.nbcsports.com/2017/07/12/rams-seeking-dismissal-ruling-via-arbitration-in-lawsuit-with-st-louis-over-relocation/ * ^ Laube, James and Sogg, Daniel, Wine Spectator (March 21, 2006). "Screaming Eagle Sold". CS1 maint: Multiple names: authors list (link ) * ^ "Billionaire Stan Kroenke Buys $132.5 Million Broken O Ranch". Forbes. Retrieved 2015-05-28. * ^ "2015 Land Report 100". The Land Report. Retrieved 2015-11-02. * ^ Gruley, Bryan. " NFL
NFL
Owner Stan Kroenke Buys Texas
Texas
Mega-Ranch Listed for $725 Million". Bloomberg Business. Retrieved 25 February 2016. * ^ De Menezies, Jack. "Arsenal owner Stan Kroenke launches \'sickening\' bloodsports TV channel in the UK that screens lion and elephant hunts". Independent Print Limited. The Independent Newspaper. Retrieved 4 August 2017.

EXTERNAL

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