David Glass Passes Away
 

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">It is with great sadness that we announce former Royals Owner and Chairman David Glass passed away last week at the age of 85. <a href="https://t.co/Z5wNrz41xC">pic.twitter.com/Z5wNrz41xC</a></p>&mdash; Kansas City Royals (@Royals) <a href="https://twitter.com/Royals/status/1218284494500913152?ref_src=twsrc%5Etfw">January 17, 2020</a></blockquote>
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Damn. That's a shame.

Guess that would explain that quick sell.

Yeah. I can imagine that his heirs didn't want to run the team collectively like the Hunt siblings. Instead, they probably wanted to cash out and split the $$$.

This was likely accomplished as a limited partnership, with the cash held there. With limited partnerships, when one partner dies it dissolves the partnership without creating a tax impact.

That's how sports teams get passed without triggering massive estate taxes.

Sad. Thanks for the memories, Mr. Glass. 2015 was amazing.

RIP

Sad. RIP Mr Glass. Your leadership was instrumental in 14 and 15. You will be missed.

He caught a lot of heat early in his ownership, deservedly so. But much respect for finally becoming an owner that gave a shit and allowed Moore to build a competitive team.

Thanks for 2014-2015 and RIP Mr. Glass.

Glad he sold the team and to make sure it stayed in Kansas City.

RIP

Thanks, Mr. Glass :thumb:

Oh hell I didn't think about that. If that's truly the case, well done, David.

No matter what anybody says, nobody can take away 14 and 15. Those truly special sports moments in my life, really can't be overstated.

RIP Mr Glass... thank you for 2015 for sure.

RIP. Old boy was cheap but had a good heart. Well, not that good but you get my drift.

We went to the Royals game the day he officially took control of the team. Had the ceremony out on the mound. Dignataries everywhere.

My wife had surgery on her ankle. We were able to use the office elevators. While we are waiting on the elevator, David Glass and his family join us in waiting for the elevator.

My son, about 3? is all decked out in Royals gear. Has a ball glove on. Mr. Glass leans down and asked how your doing young man, you going to play for the Royals when you grow up? My son without missing a beat says, no, I want to play for a good team like the Cardinals or Rockies. We were aghast.... apoligized, Most of his family thought it was funny.

We got home and when we told him that was his special day and he might have insulted him. My son decided to draw him a picture of the day and tell him he was sorry. We put the drawing and letter in the mail.

About 2 weeks later we got a note from David Glass himself. He wasnt insulted, his son grew up a Cardinal fan, he hopes one day that he will chose to be a Royals fan.

Still got pics of the drawing and the orginal note from David Glass.

Oh my goodness. I had no idea he was that old. RIP.