The Royals are for sale, and here’s why that’s a good thing
At the moment, little is publicly known about the personality and priorities of the man who stands to be the next majority owner of the Royals. John Sherman probably prefers it that way.
He made his money in energy, starting and developing two companies in Kansas City that now generate billions in annual revenue. He has been involved in various community organizations here, including the Kauffman Foundation.
He is a longtime Royals fan and was a season ticket-holder before becoming a minority owner of the Cleveland Indians in 2016. He has a suite at Arrowhead Stadium.
Sherman’s discussions with Glass were first reported by The Athletic and later confirmed by The Star. Two sources described the talks as advanced, with one telling The Star that a deal could be finalized by the end of the year.
Read more at The Kansas City Star.