Kroenke becomes majority owner of Rams

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08/25/2010 - St. Louis, MO (Sportsbook Betting Lines) - The St. Louis Rams announced on Wednesday that E. Stanley Kroenke has become the majority owner of the club.

The decision was made via a vote by the rest of the league's owners at a meeting in Atlanta.

"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."

Previously the minority owner of the Rams, Kroenke played a vital role in the effort to bring professional football back to the Gateway City in 1995.

"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."

Kroenke purchased the remaining 60 percent of the franchise from the Rosenbloom family to gain full ownership. Kroenke owns the Denver Nuggets of the NBA and Colorado Avalanche of the NHL, but based on NFL rules forbidding cross- ownership of major sports teams, will now transfer ownership in those teams to his son, Josh Kroenke.

"Fifteen years ago, my family entered a partnership with Stan Kroenke and it has been a wonderful relationship," said Chip Rosenbloom. "Although today is an emotional day and the end of an era for or family, it is also the beginning of a new chapter in the rich history of the St. Louis Rams. We look forward to Stan continuing the great tradition of the organization."

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After praising his leadership and work ethic through spring workouts, the Chiefs announced Tuesday they had signed the 27-year-old Cassel to a multiyear contract. Terms were not disclosed, but he will almost certainly be one of the highest-paid members of the team.
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The signing will come as welcome news to Cassel's new coaches and teammates. Amiable and hardworking, online football betting he appeared to win over everyone at minicamp.
"I think he's got some unique leadership qualities. I think his teammates like him and have respect for him. I think he's doing a pretty good job on the field, too," Haley said last month. "He's doing everything that I'm asking him, that our coaches are asking him to do. I don't have one single complaint how he's carrying himself."
After one workout, wide receiver Devard Darling declared Cassel "a breath of fresh air."
"He has a lot of swagger, a lot of confidence. It's good for us," said Darling. "We trust in him that he's going to go out there and lead us all the way."
nse to accommodate his specific abilities.
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In his only sustained action since his teens, he hit 349 of 555 passes for 3,949 yards at New England. He had 23 touchdown passes and 13 interceptions as the Patriots, who had gone unbeaten through the regular season the year before, finished 11-5 and out of the playoffs.
Chiefs general manager Scott Pioli, who had been Bill Belichick's assistant in New England, engineered the trade after the Patriots became convinced that Brady would recover fully from his knee operation.
"Since Matt arrived in Kansas City, he has embraced the team and the community," Pioli said. "His work ethic, his ability and competitive presence is what we expect from our players."

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