Jump to content

Josh Kroenke

From Wikipedia, the free encyclopedia

Josh Kroenke
Kroenke in 2026
Born
Josh Walton Kroenke

(1980-05-07) May 7, 1980 (age 46)
Columbia, Missouri, U.S.
EducationUniversity of Missouri
OccupationBusinessman
Known forCo-chairman of Arsenal
Parent(s)Stan Kroenke
Ann Walton Kroenke
RelativesWhitney Ann Kroenke (sister)
James "Bud" Walton (maternal grandfather)

Josh Walton Kroenke (born May 7, 1980)[1] is an American businessman. He is an heir to the Walmart family inheritance and to Kroenke Sports & Entertainment, his father's sports-media conglomerate. He is involved in running the Denver Nuggets basketball franchise, the Colorado Avalanche ice hockey franchise, the Colorado Rapids, and English football club Arsenal.[2]

Early life

[edit]

Josh Kroenke was born on May 7, 1980.[3] His father is Stan Kroenke and his mother, Ann Walton Kroenke.[4][5] Through his mother, he is a member of the Walton family, one of the richest families in the world, who founded Walmart and still own a controlling interest.[6] He has a sister, Whitney Ann Kroenke. He grew up in Columbia, Missouri, and attended Rock Bridge High School and New Hampton School.[2]

He graduated from the University of Missouri, where he received a full basketball scholarship.[2] While in college, Kroenke found himself involved in a scandal which led to the resignation of Larry Eustachy, the coach of the Iowa State basketball team. In 2003, Eustachy, a friend of Josh's father, attended a student party with Josh in Columbia, Missouri.[7] Photos of Eustachy drinking with college students at the party later surfaced and led to his resignation from his position at Iowa State.[8][9]

Career

[edit]

Kroenke serves as the President of both the National Basketball Association's Denver Nuggets and the National Hockey League's Colorado Avalanche as well as the Colorado Rapids of Major League Soccer .[2][4][5][10]

In 2013, he was appointed by his father, the majority shareholder, to the board of English football club Arsenal as a non-executive director.[11]

In April 2021, Arsenal were announced as a founding member of the European Super League, a closed competition without relegation or promotion, as in American professional-sports leagues. Arsenal and the other five English clubs involved backed out within days after a "fierce" backlash by fans and commentators.[12] Following the "debacle,"[13] Arsenal fans called for the Kroenke family to sell the club,[14][15][16][17] to which Kroenke responded that his "family have no intention of selling."[12]

Personal life

[edit]

Kroenke resides in Denver, Colorado.[4] Kroenke purchased an 1,885 square feet (175.1 m2) condo for $1.4 million in 2007. Prior to his move to Denver, Kroenke lived in New York City. He and his sister, Whitney Ann Kroenke, purchased a 1,735 square feet (161.2 m2) condominium, with a 400 square feet (37 m2) roof deck, a small balcony and views of the Empire State Building for $2.7 million in 2005.[18] They sold it in 2007 for $2.45 million—below both the initial listed price of $2.995 million and their final asking price of $2.55 million.[18]

References

[edit]
  1. ↑ "A Son's Journey: Forget a silver spoon, it was 'rhinoceros hide' that made Josh Kroenke who he is today". www.sportsbusinessjournal.com. November 13, 2023. Retrieved December 15, 2024.
  2. 1 2 3 4 "Josh Kroenke - Pepsi Center". Pepsi Center. Archived from the original on June 23, 2017. Retrieved April 8, 2025.
  3. ↑ "KLEE: Get to know Josh – Nuggets, Avs president here to stay". The Gazette (Colorado Springs). Archived from the original on December 3, 2013. Retrieved April 8, 2025.
  4. 1 2 3 Benjamin Hochman, Josh Kroenke building a legacy on his own, The Denver Post, April 17, 2011
  5. 1 2 "Arsenal owner Stan Kroenke is in it for the long haul, says son and heir Josh". The Telegraph. October 1, 2011. Retrieved April 8, 2025.
  6. ↑ Vinton, Kate. "Walton Family Members' Fortune Climbs $8.7 Billion After Strong Quarter For Wal-Mart". Forbes. Retrieved April 8, 2025.
  7. ↑ Patrick Hruby, I come to praise Larry ..., ESPN.com, May 1, 2003
  8. ↑ "Iowa State's Eustachy apologizes; future with school uncertain". USA Today. Retrieved April 8, 2025.
  9. ↑ "Embattled Eustachy resigns". LJWorld.com. Retrieved April 8, 2025.
  10. ↑ Aaron J. Lopez, Josh Kroenke provides a view from the president's office, NBA, 9 March 2012
  11. ↑ Nick Groke (December 5, 2013). "Josh Kroenke named to Arsenal's board of directors, joining Stan Kroenke with London's Gunners". The Denver Post.
  12. 1 2 Ames, Nick (April 22, 2021). "Josh Kroenke insists his family won't sell Arsenal despite ESL backlash". The Guardian. Retrieved February 22, 2025.
  13. ↑ Olley, James (April 23, 2021). "Arsenal fans protest owner Stan Kroenke after Super League debacle; Spotify CEO interested in club". ESPN. London. AP. Retrieved February 22, 2025.
  14. ↑ "Spotify CEO eyes Arsenal as fans protest Kroenke". ESPN.com. April 23, 2021. Retrieved April 27, 2021.
  15. ↑ "Arsenal fans protest against owner Stan Kroenke and club's involvement in European Super League". Sky Sports. Retrieved April 27, 2021.
  16. ↑ "Arsenal owner Kroenke apologises to Arteta". BBC Sport. Retrieved April 27, 2021.
  17. ↑ "Arsenal fans protest against team owner Stan Kroenke over Super League debacle". Los Angeles Times. April 24, 2021. Retrieved April 27, 2021.
  18. 1 2 Elizabeth A. Harris, Wal-Mart Heirs Sell Chelsea Condo, The New York Times, August 10, 2010
Retrieved from "https://en.wikipedia.org/w/index.php?title=Josh_Kroenke&oldid=1356660885"