LYCOS RETRIEVER 
Stan Kroenke: Pepsi Center
built 256 days ago
It’s doubtful Kroenke cares much either way. As a real-estate developer, Kroenke learned long ago he’d have to contend with enemies and doubters. Even in his hometown of Columbia, some citizens opposed to a new Wal-Mart planned by THF Realty have been highly critical of Kroenke: "Kroenke’s greed endangers Columbia schoolchildren," ranted the headline on one letter to the editor in a recent Columbia Daily Tribune. The one thing that can’t be argued is that the unassuming Missourian has brought to Colorado’s sports scene a stability it had lacked. Colorado sports fans with long memories will recall that before the troubled Ascent Entertainment, the Nuggets were owned by the duo of Peter Bynoe and Bertram Lee, partners who were badly under-capitalized throughout their tenure. They sold the team to Ascent, which then conducted the comically misguided auction process that, after two false starts, finally landed Kroenke and his crisply regimented, suit-and-necktie management team at the Pepsi Center.
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Kroenke is committed to providing the best in sports entertainment to the rabid sports fans of the Rocky Mountains. Kroenke Sports Enterprises (KSE) partnered with Broncos owner Pat Bowlen and Broncos legend John Elway to acquire the Colorado Crush, the 2005 Arena Football League champions. KSE ... acquired the Colorado Mammoth of the National Lacrosse League in 2002 and is instrumental in hosting the Centrix Financial Grand Prix of Denver. In addition, KSE has been active in bringing the sports world's biggest stars to Denver. Pepsi Center was awarded both the 2005 NBA All-Star Game and the 2004 National Lacrosse League All-Star Game. The Pepsi Center was the site of the 2001 NHL All-Star Game as well.
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Stanley Kroenke was officially introduced as the owner of the Colorado Rapids on September 23, 2003 and has been a top proponent of soccer in the state of Colorado and the United States ever since. One of the top owners in professional sports, his commitment to excellence has been obvious to the citizens of Colorado since his arrival on the local sports scene in 2000. Substantial amount have been invested in improvements and additional attractions to enhance the entertainment experience for every visitor to the property. In January, the Democratic Party chose Denver and the Pepsi Center to host the 2008 Democratic National Convention, beating out New York City and Minneapolis.
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Kroenke Sports Enterprise ... owns Pepsi Center in Denver and co-owns Dick's Sporting Goods Park in Commerce City, Colorado, which was built by his development company. In 2004, Kroenke launched the Altitude Sports and Entertainment cable channel, a direct rival to Fox Sports Net Rocky Mountain, and the current home to all games of Kroenke-owned Denver teams. Kroenke recently formed TicketHorse, a ticket company that provides in-house sales for all of his teams.
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Kroenke has proved an implacable force in the past. As well as the Nuggets and the Rapids, he owns ice hockey's Colorado Avalanche, Colorado Mammoth (lacrosse) and Colorado Crush (indoor American football). All, apart from the Rapids, play on the edge of Denver's downtown at Kroenke's Pepsi Centre arena, where the man himself has a penthouse apartment.
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Even so, Kroenke probably would never have maintained a part-time residence at the Pepsi Center today if it weren’t for the first of Ascent’s two failed attempts to sell the team. The would-be buyers in the summer of 1999 were Missouri billionaires Bill and Nancy Laurie, who offered Ascent’s CEO Charlie Lyons roughly $400 million in cash for a chance to own two professional sports franchises in a city that displayed unusual fervor for its teams. Lyons, feeling pressure to make a deal, accepted.
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