The St. Louis Rams & the Stadium Issue
By Will Basler
Sports Editor
When the Los Angeles Rams moved to St. Louis in 1994, Stan Kroenke, a local billionaire, bought 40% ownership in the relocating franchise. Since then, Kroenke has accumulated a few franchises in the Denver area, including the NHL’s Avalanche, the NBA’s Nuggets and MLS’s Colorado Rapids. He is also the majority owner of one of the world’s biggest soccer clubs, Arsenal FC in England. He is estimated to be worth over $6 billion by Forbes. He has gained much of this fortune through real estate purchases and marrying into money, as his wife is the daughter of Sam Walton, an heir to the Walmart throne.
When longtime Rams majority owner Georgia Frontiere died in 2010, Kroenke bought out her shares and became the new majority owner of the team. The team he took over...