10 Things You Didn’t Know About Stanley Kroenke

Stanley Kroenke is a billionaire entrepreneur and sports team owner who has made a significant impact in the world of professional sports. Known for his reserved demeanor and astute business acumen, Kroenke is the owner of several major sports franchises including the Los Angeles Rams, Denver Nuggets, and Arsenal Football Club. While his name might not be as recognized as some other sports magnates, there are several fascinating facts about Stanley Kroenke that might surprise you.

1. An Avid Outdoorsman

Beyond his ventures in the world of sports, Stanley Kroenke is a passionate outdoorsman. He owns vast ranches across North America, totaling over 1.5 million acres. These properties are often used for outdoor recreation, such as hunting and fishing. Kroenke’s love for nature and conservation is evident through his involvement in land preservation programs and environmental initiatives.

One notable endeavor is his involvement with the “America’s Wildlife” initiative. This program aims to protect wildlife habitats across the United States, supporting the coexistence of wildlife and people. Kroenke’s dedication to preserving nature showcases his diverse range of interests beyond the sports industry.

2. Building an Empire

Stanley Kroenke has a keen eye for business and has built a vast empire outside of sports ownership. His real estate ventures include the development and ownership of shopping centers, residential properties, and even vineyards. Kroenke’s entrepreneurial success extends to the realm of television as well, as he operates a television station broadcasting local news and sporting events.

In addition to his real estate and media ventures, Kroenke also possesses an extensive art collection. His collection includes renowned works from artists such as Georgia O’Keeffe and Thomas Hart Benton. Kroenke’s diverse business portfolio demonstrates his versatility as an entrepreneur and his ability to thrive in various industries.

3. A Gradual Rise to Sports Ownership

While Stanley Kroenke is now recognized as a prominent sports team owner, his journey into sports ownership was a gradual process. Kroenke initially invested in professional sports franchises by acquiring a minority stake in the NBA’s Denver Nuggets in 2000. Over time, he increased his ownership share and eventually took over control of the team. Similarly, he gradually acquired stakes in other sports teams, showcasing his strategic approach to sports ownership.

Kroenke’s rise in the sports world didn’t stop with basketball. He also became the majority owner of the NFL’s St. Louis Rams, later relocating the team to Los Angeles. His acquisition of Arsenal Football Club in 2011 added an international dimension to his sports ownership profile. Kroenke’s measured approach to sports ownership highlights his calculated decision-making and long-term vision for success.

4. Visionary Leadership Style

As a sports team owner, Stanley Kroenke has been praised for his visionary leadership style. He believes in building sustainable and successful franchises by investing in infrastructure and fostering strong team cultures. Kroenke is known for his long-term approach to building successful sports organizations, prioritizing stability and sustained growth.

Under his ownership, the Los Angeles Rams underwent a complete transformation, culminating in their appearance in Super Bowl LIII. Kroenke’s commitment to investing in talented coaching staff, training facilities, and state-of-the-art stadiums has positioned his teams for long-term success. His leadership style has earned him respect within the sports industry and admiration from fans.

5. Involvement in Sports Broadcasting

While sports ownership is Kroenke’s primary focus, his influence extends beyond the playing field. He has dabbled in sports broadcasting through his ownership of the Los Angeles-based television station, SportsNet LA. The station holds exclusive rights to broadcast Los Angeles Dodgers games, enabling Kroenke to navigate the media landscape and reach sports fans directly.

By controlling the distribution of sports content, Kroenke can maximize the value of his sports franchises while providing fans with an immersive viewing experience. His involvement in sports broadcasting showcases his understanding of the evolving media landscape and his ability to adapt to changing consumer preferences.

6. Quiet Philanthropy

While Stanley Kroenke might not seek the spotlight, he has quietly engaged in philanthropic initiatives to support various causes. His philanthropy efforts focus on areas such as education, healthcare, and the arts. Kroenke has made significant donations to universities to fund scholarships, research, and facilities.

Recognizing the importance of healthcare, Kroenke has contributed to the development of medical centers and research institutions. Additionally, he has supported artistic endeavors, including funding for museums and exhibitions. Kroenke’s commitment to philanthropy is a testament to his dedication to giving back to society and making a positive impact beyond the sports realm.

7. A Family Business

Stanley Kroenke runs his sports empire as a family business. His wife, Ann Walton Kroenke, is an heir to the Walmart fortune, which further bolsters the Kroenke family’s assets. Ann actively participates in the management of various teams and franchises, providing valuable insights and expertise.

In addition to his wife, Kroenke’s son Josh is also involved in sports team management. Josh is the vice chairman of Kroenke Sports & Entertainment, assisting in overseeing the family’s sports ventures. The family’s involvement in the business ensures a shared vision and a strong commitment to success.

8. Arsenal Ownership

Kroenke’s acquisition of Arsenal Football Club in 2011 sparked mixed reactions from fans. While some welcomed his ownership and investment in the club, others raised concerns about the direction of the team. Arsenal fans often scrutinize Kroenke’s commitment to on-field success and the club’s financial management.

However, Kroenke’s ownership has brought stability to Arsenal. The club has consistently qualified for European competitions and won domestic cup titles during his tenure. Furthermore, Kroenke’s investment in the state-of-the-art Emirates Stadium has provided the club with a modern home and revenue-generating opportunities. Despite criticisms, Kroenke’s ownership has undeniably shaped Arsenal’s trajectory within English football.

9. Building Sports Legacies

Stanley Kroenke’s impact on the sports world is not limited to individual franchises. Through his ownership and investment in various teams, he has contributed to the development of sports legacies. The success of the St. Louis Rams in the NFL and the Denver Nuggets in the NBA has enriched the sports histories of these respective cities.

Kroenke’s ventures have also revitalized the sporting culture in Los Angeles. The relocation of the Rams and the development of the SoFi Stadium have elevated the city’s prominence in the NFL. Similarly, his ownership of the Colorado Rapids in Major League Soccer has bolstered the sport’s popularity in the state. Kroenke’s dedication to building sports legacies extends beyond winning games and championships, enhancing the overall sports landscape in various regions.

10. Commitment to Fan Engagement

Stanley Kroenke understands the importance of fostering strong connections with fans. He actively seeks to engage with supporters and create memorable experiences. For instance, Kroenke has implemented innovative fan engagement strategies within his sports facilities, such as interactive exhibits and behind-the-scenes tours.

Fans of the Los Angeles Rams, in particular, have benefited from Kroenke’s commitment to providing an exceptional game-day experience. The state-of-the-art SoFi Stadium provides cutting-edge technology, comfortable seating, and various entertainment options for fans to enjoy. Kroenke’s dedication to fan engagement ensures that supporters feel a deep connection to the teams he owns and fosters a positive sports community.

Useful Links:

Official Stanley Kroenke Website
Los Angeles Rams Official Website
Denver Nuggets Official Website
Arsenal Football Club Official Website
America’s Wildlife Initiative
National Multiple Sclerosis Society