News about John Sherman

MLB team put up for sale by billionaire owners

www.dailymail.co.uk, October 10, 2024
According to Sportico, the American League Central division team have retained investment bank Allen & Company to explore a sale of the franchise. The Pohlad family, which owns the team, informed their employees this morning. In a statement, the team said, 'After months of thoughtful consideration, our family has reached a decision this summer to explore selling the Twins.

Patrick and Brittany Mahomes' KC Current unveils new $800million plan for apartments and public space next to historic CPKC Stadium... as city looks to solve NFL, MLB venue issues

www.dailymail.co.uk, April 23, 2024
The KC Current - the NWSL team part-owned by Patrick and Brittany Mahomes - has announced plans for an $800million development including apartments and a new town square next to the team's CPKC Stadium. According to the team's website, the mixed-use district will also feature a riverfront promenade, with construction set to begin at the end of this year for a targeted end date of 2026. The team shared impressive new renderings of the proposed project in a Monday press release, including two with an aerial view of the Missouri riverfront. 

Missouri voters refused to approve a sales tax measure for Arrowhead updates and a new ballpark, putting their future in Kansas City into jeopardy

www.dailymail.co.uk, April 3, 2024
Residents of Jackson County, Missouri, overwhelmingly rejected a sales tax measure that might have funded major improvements to Arrowhead Stadium and a new downtown ballpark, putting the Chiefs and Royals' fate into question on Tuesday night. President John Sherman and Chiefs president Mark Donovan announced long before the final count that the campaign would fail. More than half of voters have voted against the bill, which would have replaced an existing three-eighths of a cent sales tax that has been paying for the upkeep of Truman Sports Complex, which has been home to Kauffman and Arrowhead Stadiums for more than 50 years, with a similar tax that has been in force for more than 40 years. The Royals, who had pledged at least $1 billion for their scheme, wanted to use their share of the tax income to finance a $2 billion-plus ballpark district. The Super Bowl champion Chiefs, who had invested $300 million in private funds, would have used their shares to fund an $800 million renovation of Arrowhead Stadium.

Google will appear in court today against the Justice Department and a coalition of states alleging antitrust abuses

www.dailymail.co.uk, September 12, 2023
The proceedings got underway at 9:30 a.m., with both sides' opening statements taking place at 9:30 a.m., with the Justice Department being the other principal. The claims that the company misabused its dominance of search by pacing deals with wireless providers and smartphone manufacturers began by a veteran DoJ prosecutor who served on the government's last big monopoly case. Kenneth Dintzer, the company's lead litigator, said he and his staff had papers 'that match exactly' what Google did because the dealings made it so their search engine was the first thing users saw when they turned on their phones and browsers. He appeared in the court a 2007 case where a Google engineer said obtaining default search positions on Apple, LG, and Samsung devices could be a 'powerful strategic weapon' for the company's success - and a 'Achilles heel' for rivals. Google knowingly orchestrated those company dealings, with the intention of rigging the market and stomping out competitors in the process. Google, according to the government, participated in the campaign with the intention of stumbling out competition, while Google counters it faces a wide variety of competitors despite monopolizing nearly 90% of the internet search market. Google's case hinges on allegations that Google improperly orchestrated those company relations, rigging the market in the process. It's the government's first big monopoly case in a quarter-century, and the first in the modern internet age.

Dayton Moore, the team's architect, was fired by Kansas City's fire team president, according to Dayton Moore, the team's 2015 World Series champion

www.dailymail.co.uk, September 21, 2022
In the club's 13th losing season of his tenure, Dayton Moore, the architect of the team's 2015 championship, has been fired. On Wednesday at a news conference at Kauffman Stadium, team owner John Sherman announced it. Sherman didn't hire Moore but retained him after acquiring the club from senior businessman David Glass in 2019. Sherman said Wednesday, 'The bottom line here is that it's time to change.' 'There's a little bit of where we are and where we should be right now.'