Colorado

Apr 13, 2010 1:34 AM

Nuggets and Avs owner wants 100 percent interest in the Rams

ST. LOUIS (AP) - Missouri billionaire Stan Kroenke has decided to exercise his matching rights and try to purchase the remaining 60 percent share of the St. Louis Rams.

The surprise move was announced Monday by a Kroenke spokesman. Illinois businessman Shahid Khan reached an agreement with owners Chip Rosenbloom and his sister, Lucia Rodriguez on Feb. 11, and Kroenke had 60 days to decide whether to keep his 40 percent share, sell it, or exercise his right to buy the team outright.

Complicating the issue is Kroenke's ownership of the NBA's Denver Nuggets and the NHL's Colorado Avalanche. NFL rules prohibit cross-ownership.

An NFL spokesman declined comment. There was no answer at a phone listing for Khan.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

 

 

»Comments

»Topics in this article

More News

Colorado
Story Photo

26 minutes ago

Adams Cafe on the move

Adams Mountain Cafe makes its move this week after floods damaged the popular eatery the last two summers. But the move has...

National
Story Photo

1 hour ago

Soldier's remains return

After a decades-long mystery, the family of a World War II soldier finally has some closure. Army Sgt. William Carneal, who disappeared...

Weather - Forecast
Story Photo

7 minutes ago

Cooler Thursday

Windy early with blowing dust in some areas. Wind ending overnight tonight. An isolated thunderstorm possible early. Overnight low temperatures will drop...

Most Popular

Top Videos

1 2 3 4