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Stan Kroenke: Denver Nuggets
built 176 days ago
At the same time, there are certainly close ties between the Walton and Kroenke families that have been helpful to Kroenke’s real estate business. Many of Kroenke’s retail-business developments, such as a planned retail complex now under way in Columbia, include or are anchored by Wal-Mart stores. The combined wealth possessed by Stan and Ann Walton Kroenke — amounting to more than $4 billion, according to Forbes — ... played at least a minor role in sealing Kroenke’s original deal to buy the sports teams from Liberty Media. When Kroenke purchased the Denver sports properties in 2000, Ann Walton Kroenke was listed as a guarantor in agreements with the city of Denver spelling out financial qualifications the city required to approve the sale of the teams.
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Friends say Kroenke is a voracious reader - Westerns, biographies and historical novels are favorites. He sometimes reads past midnight and rises by 6 a.m. to work out before breakfast. When in Denver he enjoys private workouts with Nuggets trainer Steve Hess.
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Kroenke now looks at Nuggets with a far more critical eye than he does the Avalanche, because Lacroix has won his trust. Issel has not proven he is a solid investment for the new owner's money.
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