Kroenke makes proposal to NFL in pursuit of Rams

Football Betting Lines

06/08/2010 - St. Louis, MO (Sportsbook Betting Lines) - St. Louis Rams minority owner Stan Kroenke has submitted a proposal to the NFL regarding the sale of the franchise.

Kroenke currently owns 40 percent of the team and has the option to purchase the remaining 60 percent of the franchise from the Rosenbloom family, which earlier this year had announced its intention to sell its share of the club to Illinois businessman Shahid Khan.

However, Kroenke first had the option to match the offer and exercised his right to do so. There is an issue with the NFL's cross-ownership rules, as Kroenke is also the majority owner of the NHL's Colorado Avalanche and NBA's Denver Nuggets.

The NFL prohibits owners from holding a majority share of a team if they own a majority of another professional franchise in a different market,

On Tuesday, the Denver Post reported that Kroenke has plans to shift majority ownership of the Nuggets to his son, Josh.

Kroenke also released a statement through the Rams on Tuesday, indicating his plan to own all three teams.

"Although no final decisions have been made, we are pleased with the progress we have made to this point," Kroenke said. "We will continue to respect the Rosenbloom family and the league and its processes as we work to finalize a transaction in the coming months. My family looks forward to owning the Rams, Nuggets and Avalanche for years to come while being compliant with all stipulations set by the NFL. Our family remains committed to fans in St. Louis and Denver. As many people know, our son Josh has been involved with many of our organizations for several years and that family continuity remains a priority."

Josh Kroenke is part of the Nuggets' front office and holds the title of vice president of team development.

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Big 12 Conference betting odds

Work left to do: Texas Tech, Oklahoma State, Kansas State

Texas joins Texas A&M and Kansas as locks after getting league win No. 11. Texas Tech greatly helped its own hopes and crippled OK State's with the two-point win Saturday. Is K-State the last reasonable hopeful? Could be an elimination match in Stillwater on Tuesday, at least for the Cowboys.

Work left to do:

Texas Tech [18-11 (7-7), RPI: 44, SOS: 12] A critical two-point win over OK State leaves the Red Raiders with Baylor and at Iowa State left. Get both and the Red Raiders likely are good to go. Get one and there could be some interesting comparisons with a K-State team that could finish two or three games "ahead" of them in the standings but doesn't have any of the quality wins Texas Tech has. Not a lot in nonconference play (against Arkansas in Little Rock being the best win, by far) to lean on.

Oklahoma State [18-9 (5-8), RPI: 50, SOS: 35] Still without a road win, the Cowboys now need to win two on the road just to get to .500 in conference play. It's hard to recall a team (OK, other than Clemson) falling so precipitously from lock status to almost certainly out of the NCAAs at this point. There are wins to be had in the last three, including a very big home game against K-State on Tuesday, but this team is reeling. Can you tell the pressure to win is getting to them with the way the final possession played out at Texas Tech? There are some good nonconference performances to lean on, specifically beating Missouri State and Syracuse on neutral floors and Pitt in OK City, but if the Pokes don't right this very, very soon, that won't be enough.

Kansas State [20-9 (9-5), RPI: 56, SOS: 96] It pays to be in the Big 12 North. The nine league wins are Colorado (twice), Missouri (twice), Iowa State (twice), Baylor, Nebraska and (a good one against) Texas. That helps explain the middling computer profile. The win over USC is nice, but the nonconference leaves a lot to be desired. The game at OK State in Stillwater on Tuesday is huge, as it could KO the Cowboys and leave K-State with a home date against Oklahoma with which to work.