St. Louis Rams owner Stan Kroenke buys stadium-sized plot of land in Los Angeles
By Hayden Kane
Stan Kroenke is one of the most powerful men in the world of professional sports. Kroenke Sports Enterprises owns the Denver Nuggets, Colorado Avalanche, and Colorado Mammoth. He has also recently expanded his reach to the Premier League with the Arsenal and the NFL with the St. Louis Rams.
The news tonight has to do with the Rams, a team that has long been linked to rumors of a move to Los Angeles. Bryan Burwell of the Los Angeles Times reports that Kroenke recently bought a “stadium-size” plot of land in L.A.:
"A holding company tied to the billionaire developer purchased a football stadium-sized piece of ground in Los Angeles earlier this month, according to sources familiar with the deal.The 60-acre site, home to a planned-but-never-built Walmart in Inglewood, has long been seen as a potential home for a would-be NFL team in Los Angeles. Now it’s in the hands of a man who owns a team.”"
Burwell also explains that the Rams’ current lease will be up after the 2014 season, making them eligible to move at that time.
The momentum for an NFL team in Los Angeles has been building the last number of years, with fans of the Minnesota Vikings forced to sweat things out until a new deal was in place for a stadium in Minneapolis last year. Now it is Rams’ fans who have to consider the possibility of losing their team to L.A.