Stan Kroenke Vs. Shahid Khan: The Fight for St. Louis Rams Ownership

April 13, 2010   ·     ·   Jump to comments

So the other ownership shoe dropped last night for the Rams. Adam Schefter announced on ESPN's NFL Live that Silent Stan Kroenke has decided to exercise his contractual right of first refusal to purchase the Rams.
The report is correct. Enos Stan Kroenke has decided to exercise his contractual right of first refusal to purchase the remaining 60 percent of Ram stock he does not already own. This puts him squarely at odds with league rules and with Shahid Khan.
First, the League Rules
As you all know, the league has bylaws forbidding NFL majority owners from owning a majority share in any other sports franchise in an NFL city . The rule used to prohibit ownership of any other pro franchise in any city. 
The rule was mildly re-interpreted to allow Paul Allen (owner of the Portland Trailblazers) to purchase the Seattle Seahawks. The league owners wanted Paul Allen in the clubhouse and on the golf course. The owners ...

Read Complete Article at Bleacher Report - NFL
Article is property of BleacherReport.com

readers comments