Royals owner David Glass considering selling team to KC businessman, report says

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KANSAS CITY, Mo. — A new report indicates David Glass is considering selling the Kansas City Royals.

The Athletic reported Tuesday that, according to its sources, Glass is discussing selling the club to KC businessman John Sherman, who is the vice-chairman of the Cleveland Indians and a Kauffman Foundation trustee.

Of course, so far, the two men haven’t reached a deal, and if they did, it would have to be approved by all the other major league owners.

Glass purchased the Royals in 2000 for $96 million. The team now has an estimated value of just over a billion dollars, according to Forbes.

FOX4 has reached out to the Royals for comment, who released the following statement:

“The Kansas City Royals are not in a position to make any comments on the published speculation regarding any potential sale of the ball club. The Royals will make no further statements at this time.”

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