Royals owner agrees to sale of team for $1 billion

In a report that was released on Friday from USA Today MLB columnist Bob Nightengale, David Glass has come to an agreement with Kansas City businessman John Sherman to sell the Royals for $1 billion.

The deal is set to become official in November when it can be ratified by the league owners. Sherman is a minority owner of the Cleveland Indians and will have to divest himself from the Indians prior to the deal being complete.

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