E. Stanley Kroenke has officially become the seventh majority owner in the team’s 73-year history. The decision was made by a vote by the league’s owners at a meeting in Atlanta Wednesday morning.
“Stan has been a familiar and respected figure in the National Football League for more than 15 years,” said NFL commissioner Roger Goodell. “He is a proven businessman and has experienced success in all of his sports franchises, as well as serving as a responsible community leader. We look forward to him continuing to uphold the goals and values of the NFL as he becomes the majority owner of the St. Louis Rams.”
Prior to becoming the majority owner of the Rams, Kroenke was a minority owner of the team. He was vital in the effort to bring professional football back to St. Louis in 1995. With his real-estate development expertise, Kroenke was instrumental in the building of Rams Park, now known as the Russell Training Center.
“We are delighted with today’s vote by NFL owners. It is one of the very high points of our long association with the NFL,” Kroenke said. “We look forward to working with our fellow owners and Commissioner Goodell as the transaction is finalized and in the years ahead."
For authoritative coverage and analysis of NFL news, free agency and fantasy football, visit ProFootballWeekly.com.