Denver Broncos SOLD for 4.65 Billion dollars to Walmart heir Rob Walton becoming a record in US Sports Team Sales
Walmart heir Rob Walton and his group are the new owners of the Denver Broncos. Walton and his group Walton-Penner spent 4.65 billion dollars to buy the Broncos.
Although an official price has yet to be revealed, Mike Klis of 9News reported Tuesday that the deal is for a U.S. sports-franchise record $4.65 billion. The Walton-Penner group’s purchase crushes the previous record $2.4 billion Steve Cohen paid for the New York Mets in 2020.
The Broncos confirmed with this tweet.
Walton, 77, is one of the richest people in the world thanks to his Walmart ties. The ownership group includes Walton’s daughter, Carrie Walton Penner, and her husband, Greg Penner. Mellody Hobson, co-CEO of Ariel Investments, is also part of the ownership group, Walton announced. She currently serves as Chair of the Board of Starbucks Corporation and is a director of JPMorgan Chase. Hobson is a very prominent black businesswoman.
There have also been rumors that the Broncos have interest in hiring Peyton Manning in some capacity. Could he help WIlson and the Broncos? He is one of the greatest quarterbacks ever!
NFL Draft Diamonds was created to assist the underdogs playing the sport. We call them diamonds in the rough. My name is Damond Talbot, I have worked extremely hard to help hundreds of small school players over the past several years, and will continue my mission. We have several contributors on this site, and if they contribute their name and contact will be in the piece above. You can email me at nfldraftdiamonds@gmail.com