Kansas City Royals: David Glass reportedly discussing sale of team

According to reports, the Kansas City Royals may be up for sale.

David Glass originally purchased the Kansas City Royals for $96 million back in 2000. now he may be set to make an incredible profit on that purchase.

According to reports, Glass is discussing a sale of the franchise to John Sherman, who is currently the vice-chairman of the Cleveland Indians. If that sale is to happen, the price tag is expected to exceed $1 billion.

Glass has had an interesting tenure as the owner of the Kansas City Royals. Originally part of the Kauffman Trust, he served as the interim CEO and chairman of the team following the passing of original owner Ewing Kauffman. Glass directed that payroll be slashed before purchasing the team in 2000, bringing the same cost cutting techniques he used during his time at Wal-Mart, earning the wrath of the fanbase.

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He had already angered players during the 1994-95 strike. Glass was on record as saying that he would vote against any labor agreement that did not involve a hard salary cap, and supported the use of replacement players, despite court orders that using such players was a violation of federal law.

For much of his time with the Royals, the franchise struggled. Only once in his first dozen years as owner did the team so much as have a winning record, with their 83-79 showing in 2003 as the high water mark. It would take until 2013 for the franchise to have another winning season.

Yet, for a three year period, Glass and the Royals were atop the baseball universe. They made consecutive World Series appearances in 2014 and 2015, culminating with their second championship in that latter year. Since then, the Royals have struggled, falling from baseball royalty back to their usual place in the basement.

Sherman, should he acquire the team, would be an interesting choice. He had been a Royals season ticket holder before acquiring a portion of the Indians, a huge baseball fan who made a fortune in natural gas companies. Most importantly, Sherman would conceivably keep the Royals in Kansas City.

At this point, these rumors of a possible say are just speculation. General manager Dayton Moore said any comments on a possible sale would be “inappropriate,” and Glass has not returned any calls looking for details on such discussions. All we have are rumors and reports.

Nonetheless, those reports are certainly intriguing. The Kansas City Royals may have new ownership soon, as David Glass is reportedly in discussions to sell the franchise.