Royals ownership agrees to sell club to KC-based group

KANSAS CITY, Mo. (AP) — David Glass and his family have agreed to sell the Royals to an ownership group led by Kansas City entrepreneur John Sherman in a deal that is expected to be worth about $1 billion.
The Royals announced the sale in a statement Friday, just days after word began to leak that the Sherman group was closing in on an agreement. Sherman and his co-investors will become the third owners since another local businessman, Ewing Kauffman, founded the club in 1969.
The 83-year-