The Kansas City Royals are a professional Major League Baseball (MLB) team based in Kansas City, Missouri. The team was founded in 1969 and competes in the American League Central Division. The Royals are famous for their strong baseball history, including World Series wins in 1985 and 2015. Their home stadium is Kauffman Stadium, one of the most loved ballparks in America.
Ownership Status of the Kansas City Royals
The Kansas City Royals are owned by a group of private investors, not by one single person. The majority owner and controlling leader of the team is John J. Sherman, who bought the franchise in 2019, and officially took control in 2020. Along with him, several minority investors hold smaller shares of the team.
Major Shareholders Table
| Shareholder / Entity | Ownership Percentage | Notes |
|---|---|---|
| John J. Sherman | Majority Owner | Chairman and CEO; controlling owner since 2019 |
| Brooks Sherman | Minority Owner | Part of investor group |
| Paul Edgerley | Minority Owner | Kansas City business leader |
| Bill Gautreaux | Minority Owner | Local investor and business figure |
| Carl Hughes | Minority Owner | Invests through Hughes Sports LLC |
| Terry Matlack | Minority Owner | Part of ownership consortium |
| Dunn Family (JE Dunn) | Minority Owner | Longtime Kansas City business family |
Note: Exact ownership percentages are not publicly disclosed.
About the Owner John J. Sherman
John J. Sherman is an American businessman known for building successful companies in the energy, telecommunications, and investment sectors. He founded Inergy, L.P., which grew into one of the biggest propane suppliers in the United States. Sherman is deeply connected to Kansas City through his business, civic work, and philanthropic efforts.
As the Chairman and CEO of the Kansas City Royals, Sherman is focused on developing a competitive team, improving the organization, and planning long-term projects like a potential new stadium. His leadership style is known for being strategic, community-driven, and dedicated to Kansas City’s future.
John J. Sherman Net Worth
Although his exact net worth is not publicly confirmed, most estimates place John J. Sherman’s net worth between 1 billion and 1.5 billion USD. His wealth comes from decades of success in the energy industry, major investments, and the sale and growth of multiple companies. His ability to purchase the Royals for over 1 billion USD shows the scale of his financial influence.
Key Shareholder Highlights
The Royals’ ownership includes a mix of local business leaders, investment professionals, and community-focused families. The strongest decision-making power is held by John J. Sherman, who guides the franchise’s financial planning, team development, and stadium decisions. The rest of the owners support long-term stability and future growth for the team.
Recent Developments
Since Sherman took over, the team has increased investment in player development and operations. The ownership group is also exploring a large-scale stadium project that could cost around 2 billion USD. These efforts show their long-term commitment to the Kansas City Royals and the community.
FAQs
Who is the current owner of the Kansas City Royals?
The team is owned by a private investor group led by John J. Sherman, the majority owner.
Is the team publicly traded?
No, the Royals are privately owned.
Who founded the Royals?
The team was founded by Ewing Kauffman in 1969.
Did ownership change recently?
Yes. In 2019, former owner David Glass sold the team to John J. Sherman and his investor group.
Does Sherman own 100 percent of the team?
No. He is the majority owner, while several minority partners own smaller shares.
Kansas City Royals Official Site
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