Report: Stan Kroenke Will Transfer Ownership of NBA, NHL Franchises To Purchase Rams

In our last update we mentioned that the NFL wouldn't relax their rules regarding cross-ownership for Stan Kroenke and his bid to purchase the Rams.

Now we find out why Kroenke was still willing to go through with the deal.

According to FOX 2 in St. Louis, Kroenke is prepared to transfer ownership of the Nuggets and Avalanche to a family member in order to steer clear of the NFL's cross-ownership policies.

FOX2 has learned that Kroenke is prepared to mover the NBA Denver Nuggets and NHL Colorado Avalanche ownership from his name to another family member's name; allowing Kroenke to buy the remaining 60% in Rams shares from Chip Rosenbloom and Lucia Rodriguez. Kroenke has own a 40% stake in the Rams since they arrive in St. Louis.

Sounds like someone in the Kroenke family will be getting a hell of a Christmas present.

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