Los Angeles Rams
Real estate and sports mogul Stan Kroenke became principal owner of the St. Louis Rams in 2010 and led the effort to return the team to Los Angeles after a 21-year absence. Other holdings of his company, Kroenke Sports & Entertainment, include the NBA’s Denver Nuggets, the NHL’s Colorado Avalanche and a majority share of English soccer’s Arsenal Football Club. Kroenke is personally financing the construction of the Los Angeles Stadium and Entertainment District at Hollywood Park in Inglewood. A recent report indicates he and his wife, Ann Walton, an heiress to the Walmart fortune, are investing $1.6 billion in the Inglewood stadium, a project that is now estimated to cost upward of $4 billion. The district will include a 70,000-seat stadium, a 6,000-seat performing arts venue and other properties including office and retail space. Kroenke also has built a media presence, launching the Altitude Sports & Entertainment network in 2004. The venture is the official TV network of the Denver Nuggets and Colorado Avalanche, Mammoth and Rapids teams.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- STAN KROENKE
- LA 500: Stan Kroenke
- Stan Kroenke: A Condensed Guide
- City Approval for Inglewood Stadium Could Come Today
- Stan Kroenke to Woo NFL Owners with Inglewood Stadium
- Rams Owner to Build NFL Stadium in Inglewood
- Rams Owner May Bring Soccer to Inglewood Site
- Inglewood Stadium May Not Bring Rams to L.A.