Back to the MLB Newsfeed

Royals Owner David Glass Agrees to $1 Billion Deal to Sell Team to John Sherman

Kansas City Royals owner David Glass has reportedly finalized an agreement to sell the MLB franchise to Cleveland Indians minority stakeholder John Sherman, a K.C. businessman, for $1 billion.

Bob Nightengale of USA Today noted Friday the deal will become official with a vote at the owners' meetings in November.

This article will be updated to provide more information on this story as it becomes available.

Get the best sports content from the web and social in the new B/R app.