The acquisition of Texas’s Waggoner Ranch by Kroenke Ranches earned Deal of the Century honors from The Land Report.
No. 4 Stan Kroenke
1,380,000 acres (up 522,000 acres)
Earlier this year, the owner of the Los Angeles Rams, the Denver Nuggets, and numerous other sports franchises added the historic Waggoner Ranch to his stable of ranch holdings. Spanning six Texas counties and covering almost 800 square miles, the 510,527-acre ranch’s asking price was $725 million; no terms were disclosed. “This is an incredible opportunity and an even greater responsibility,” said Kroenke in a press release. “We are honored to assume ownership of the Waggoner – a true Texas and American landmark – and are deeply committed to continuing the proud legacy of W.T. ‘Tom’ Waggoner, his family, and his descendants.” Kroenke Ranches also acquired Wyoming’s Difficulty Creek Ranch near Medicine Bow, which includes 11,260 deeded acres and 10,976 leased acres.