The Kansas City Royals are a professional baseball team based in Kansas City, Missouri. They were established in 1969 as part of Major League Baseball's expansion. The Royals compete in the American League Central Division and play their home games at the iconic Kauffman Stadium. The team's colors are royal blue, white, and gold, and their mascot is a lion named Slugger.
The name "Royals" is a tribute to the American Royal, an annual livestock show, horse show, rodeo, and championship barbecue competition held in Kansas City since 1899. It also pays homage to two former Negro League baseball teams that had the same name in the first half of the 20th century. Since their inception, the Kansas City Royals have won two World Series championships. The first championship came in 1985, and the second in 2015. In 2015, they also won their first AL Central division title and defeated the New York Mets in five games to secure their second World Series championship.
Who owns the Kansas City Royals?
John Sherman is the majority owner of the Kansas City Royals in Major League Baseball (MLB). On August 30, 2019, David Glass, the former franchise owner, announced his intention to sell it to Sherman for a reported sum exceeding $1 billion. The transaction received approval from MLB and its owners on November 21, 2019. Since 2020, John Sherman has held the position of majority owner.
David Glass previously owned and served as Chairman of the Kansas City Royals from 2000 until his sale in 2019.
John Sherman is a prominent American businessman who founded Inergy, L.P., where he served as chairman and CEO. Inergy is recognized as an American propane supplier in Kansas City, Missouri. Sherman's career began in telecommunications before transitioning into the energy sector. In addition to his current role with the Royals, he acquired a minority stake in the Cleveland Indians (now known as the Cleveland Guardians) in 2016 and previously held the position of Vice Chairman for that organization.
John Sherman’s role as the principal owner of the Kansas City Royals?
John Sherman is the Chairman and Chief Executive Officer of the Kansas City Royals Baseball Club. He leads an ownership group that acquired the team on November 25, 2019. In addition to his role with the Royals, he chairs the Professional Development League (PDL) Executive Board. He is actively involved as a member of both the Ownership Committee and Labor Policy Committee. Furthermore, he contributes his expertise as a member of the Executive Council.
Since acquiring the franchise, Sherman has focused on outlining plans for relocating or replacing the team's current stadium. According to plans proposed by Sherman in September 2023, these projects are estimated to cost $2 billion, with an expectation that taxpayers will finance approximately half of this amount.
Kansas City Royals Valuation
As per Forbes in March 2024, the Kansas City Royals' valuation is $1.225 billion.
List of Kansas City Royals owners
Here is the list of all owners of the Kansas City Royals throughout its history:
| Owner | Ownership Period | Role |
| Ewing Kauffman | 1967—1993 | Sole Owner |
| Avron Fogelman | 1983—1991 | Part Owner |
| Ewing Kauffman Estate | 1993—2000 | Interim Ownership |
| David Glass | 2000—2019 | Majority Owner |
| John Sherman | 2020—Present | Majority Owner |
FAQs on Kansas City Royals Owner
A. The Kansas City Royals were founded in 1969.
A. The Royals have won two World Series championships, in 1985 and 2015.
A. The Royals play at Kauffman Stadium in Kansas City, Missouri.
A. The team colors are royal blue, white, and gold.
A. Matt Quatraro is the current manager of the Kansas City Royals, as of 2024.
