Stan kellenke raised the O’Brien trophy in the cheers of the whole audience. The Nuggets finally ended the 56-year championship drought in young pioneer team history (in NBA47 and in ABA9).
In just 18 months, this is the fourth time that Karen has lifted the championship trophy. After working in the sports circle for several years, kellenke built a huge sports empire.
“Silent Stan” still doesn’t like to show up and accept interviews. He left his exposure share to the champion awarding ceremony.
About 200 miles west of St. Louis, behind an old family farmhouse stands a timber company, which was founded by Alvin, the father of crenke. Since the age of 10, kellenke has been helping in the company, sweeping the floor, helping to deal with some documents and correcting some mistakes in the documents. At 7 o’clock in the morning, kerenke had to gather at the railway platform to help unload the boards and cement bag.
Kellenke High School studied in colkamp high school nearby. The tall and thin kellenke is a member of the high school team. He has a smooth and accurate jump shot. In the fourth season of senior high school, colkamp High School won less than 50%, but kerenke performed well at the end of the season, cutting 33 points against the strong team Lipton high school.
Several primary schools recruited kerenke who was 1.88 meters tall, but kerenke finally chose to study at Missouri University, not because of basketball, but because of his studies. Kellenke understood that with his talent, basketball was doomed to not be eaten. At that time, a crazy dream had taken root in the heart of Karen: “Since I can’t play professional league, I want to have a team to be my own boss in the future.”
Crenke worked part-time jobs in a restaurant near another university. His first bucket of gold came from a clothing store, which he borrowed from his father for 1500 dollars. However, the first bucket of gold is not enough to bring Karen into the rich class. In 1971, a ski trip changed the fate of Karen.
At the Aspen ski resort, Karen met Ann Walton. Ann Walton was a student in the nursing department of University of Missouri at that time. Her other identity was the daughter of Bud Walton, co-founder of Wal-Mart. According to a report by Fortune magazine in June 2023, Wal-Mart has topped the list of the top 500 in the United States for 11 consecutive years.
In 1974, crenke and Ann Walton happy couples. What is one step to the sky? This is it. Scott Rosner is a professor of sports economics at Wharton business school. When interpreting the history of kellenke’s history, he said like this: “kellenke makes money in an ancient way, he married it (here refers to money).” In other words, crenke is the son-in-law of the inverted door.
This is not a belittling of Karen, but a fact. In the process of its wealth accumulation, it is full of the shadow of Wal-Mart. Kellenke was modest and studious, and got an MBA degree, but he was not academic, but in business. After leaving the campus, kellenke worked for Raul Walters, a real estate opener in Missouri. Many of Walters’s businesses were related to Wal-Mart. In 1979, kerenke and Walters became partners. They found their own money-making Password: buying a large amount of relatively cheap land, building a large shopping mall, and then watching the surrounding house prices increase exponentially.
In 1985, crenke fell out with Walters and even went to court for a time. In 1991, kellenke established a new cooperative relationship with Michael Steinberg, who was the co-founder of THF, a national real estate development company. From 1995 to 2000, kellenke was a member of Wal-Mart’s board of directors. This level of identity made THF a company with a market value of 2 billion US dollars. They developed more than 100 large shopping centers, many of them are the facade of Wal-Mart.
It was also from 1995 that kellenke’s tentacles extended to the sports circle, and it became his ambition to build a huge sports empire. Some insiders believe that kellenke’s pursuit of sports may not lie in his love for sports, but more in a desire, that is, to prove that his business empire was not established by marriage.
In 1995, kellenke bought 30% of the NFL team Los Angeles Rams and assisted the Rams to move to St. Louis. Two years later, its shareholding increased to 40%. In 2010, kerenke bought the remaining 60% of the shares. At that time, kellenke said, “I was born and raised in Missouri (St. Louis is located in Missouri). I have been a Missouri man for so many years, people in the whole state know me, and they know that I am can be trusted.”
Six years later, Karen returned the Rams to Los Angeles, “betraying” his hometown fans. The reason is just because kellenke wants to make more money. The market in St. Louis is average at most, but in Los Angeles, the market value of Rams can soar. Professor Rosner analyzed: “back to Los Angeles, the market value of Rams can reach 3 billion dollars, and fools will not return to Los Angeles.”
In addition to buying Rams, in 2000, kellenke acquired the NHL team Colorado Avalanche team and Nuggets, including their stadium. In 2002, crenke acquired the NLL (bag Hockey) team Colorado Mammoth. In 2003, crenke acquired the major league football team Colorado Rapids. In 2007, Karen became the small boss of the Premier League’s elite Arsenal football team and acquired all the shares in 2018.
Over the years, kellenke had a lot of names, such as “cold blood”, such as “stingy”, and his team’s record was not very good. For a long time, the Rams won less than 50% of the weak brigade and couldn’t enter the playoffs. The Avalanche team had only entered the playoffs once in 7 years. The Rapids once missed the playoffs three times in five years.
Nuggets are frequent playoff customers, but there are not many times to break through the first round. In four years, most local fans in Denver could not even watch nuggets through local TV stations, the reason is that Karen had a dispute with the local television relay.
There is no need to mention Arsenal with numerous fans in China. Arsenal have never won the championship since Karen became the small boss of the team.
But in the past two years, kellenke suddenly became a super winner.
In 2022, Ram won the Super Bowl championship. The Avalanche team won the Stanley Cup championship. The mammoth team won the bag hockey championship.
In 2023, although Arsenal did not win the championship, they returned to the Champions League where they could turn over. After croenke invested in plus-sized, Arsenal once topped the Premier League table in 248 days. Unfortunately, Arsenal did not perform well in the closing stage and was overtaken by Manchester City and failed to win the championship.
Then, the Nuggets won the first young pioneer team history in 47 years.
In 18 months, the team owned by Klenk won 4 championships. Crenke not only acquired and operated the team, but also closely combined the familiar real estate development with these to build and develop luxury new stadiums. In the Forbes rich list, Karen ranked 138th in the world with 12.9 billion dollars. Considering that the market value of the nuggets is likely to soar hundreds of millions like a stag after winning the championship, the next update of Forbes will probably improve the ranking of kerenke a lot.
When kellenke picked up the O’Brien Cup, he concluded the success and said, “We won each champion in different ways, and there is no secret.” This is true at all.
The Nuggets and the Avalanche teams won the championship by draft picks and patient team building, but the Rams won the championship by quick success. In 2019, the Rams entered the Super Bowl but lost. The management understood that there must be more players to win the championship. Karen instructed the general manager Les Snead to make a crazy deal. They sent off multiple picks in exchange for Jaron Ramsey, Von Miller and Matthew Stafford.
When the Ram took the Super Bowl, Snead shouted out the sentence “go to TMD picks” which was later praised by LeBlanc James “.
This season, the Nuggets paid 17.3 million dollars in tax for this champion. The last time the Nuggets paid tax dates back to 2010. From the success of nuggets and Rams, it can be seen that when the champion hopes are in front of him, kellenke is willing to bet, whether it is throwing money or throwing the picks deal.
During the off-season this year, Karen will face a bigger test. Yokki’s super top salary will take effect. Jamal Murray is eligible to renew the contract in advance and Bruce Brown faces new contract negotiations. Next season, the Nuggets will pay more taxes.
The opportunity to establish a dynasty is in front of him, and kellenke plans to fight for it.
“I have always said that if you want to win the championship, you have to fight for it yourself. No one gives you the champion for nothing.”
