08-10-2015 16:00 via denver.cbslocal.com

NFL Approves Cross-Ownership Proposal For Kroenke

NEW YORK (AP) – The NFL approved a cross-ownership proposal for Denver businessman and St. Louis Rams owner Stan Kroenke Wednesday.
He will be allowed to transfer ownership of the Denver Nuggets and Colorado Avalanche to his wife, and retain the Rams.
The NFL has prohibited an owner from also having other sports franchises in different cities.
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