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The Royals introduce John Sherman and a very local ownership group

The Royals officially welcomed John Sherman as their new owner on Tuesday, following approval by MLB owners last week. The Kansas City entrepreneur made several references to his local roots, reminiscing about the time he sat in a Westport bar to watch George Brett homer against the Yankees in the 1980 American League Championship Series. He also talked about returning from a European vacation to get back to Kansas City to watch the 2014 World Series.

“It is a proud and storied franchise,” Sherman told reporters.

Sherman agreed to purchase the Royals from David Glass for $1 billion in August, but says he got a call from Glass about potentially buying the team back in January, taking him by surprise.