John Sherman | |
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Born | April 12, 1955 |
Alma mater | Ottawa University |
Occupation | Businessman |
Known for | Owner of the Kansas City Royals |
John J. Sherman (born April 12, 1955) is an American businessman. He is the majority owner of the Kansas City Royals of Major League Baseball (MLB).
John Sherman is the founder and past chairman and CEO of Inergy, L.P.[1]
Sherman graduated from Ottawa University. He founded LPG Services Group, which later merged with Dynegy. In 1996, Sherman founded Inergy. It merged with Crestwood Holdings in 2013.[2]
Sherman bought a minority share of the Cleveland Indians in 2016, and became their vice chairman.[3][4][5]
On August 30, 2019, Kansas City Royals owner David Glass announced his intention to sell the franchise to Sherman at a reported price of over $1 billion. MLB and its owners approved the purchase on November 21.[6]