Kansas City Royals Owner br Negotiating to Sell br Team for $1 Billionbr .br David Glass is in talks to sell the br franchise to John Sherman for br more than $1 billion, according to ESPN.br .br Sherman is currently a minority owner of the Cleveland Indians.br .br The Royals organization said it is "not in a position to make any comments on the published speculation regarding any potential sale of the ball club."br .br Glass, the former CEO br of Walmart, purchased the br Royals in 2000 for $96 million.br .br The value of baseball franchises has br increased dramatically in recent years.br .br Bruce Sherman purchased the Miami Marlins br in 2017 for $1.2 billion.br .br David's son, Dan Glass, is Kansas City's current team president.br .br The Royals reached the World Series in 2014br and won the championship in 2015.br .