The Denver Broncos started the NFL offseason by modifying quarterbacks. Now, they have a new owner, too.
The Broncos announced Tuesday night time that they experienced entered an agreement with Rob Walton, the eldest son of Walmart founder Sam Walton, and his Walton-Penner Team, which is headlined by his daughter Carrie Walton Penner and son-in-law Greg Penner.
Quite a few sources verified the sale would be for $4.65 billion, which would be the most significant sale of a experienced sports crew in American record by far. The earlier report was in 2020, when Steve Cohen purchased the Mets for $2.4 billion.
The sale is subject to a vote amongst the rest of NFL owners, but the deal is anticipated to go off with out a hitch, in accordance to ESPN.
Equally Walton and Broncos CEO Joe Ellis unveiled statements following the sale was agreed upon.
“We are thrilled to be picked to transfer forward with the order of the Denver Broncos!” Walton’s assertion read through. “Carrie, Greg and I are influenced by the possibility to steward this terrific firm in a vibrant neighborhood whole of opportunity and passionate followers. Obtaining lived and labored in Colorado, we have usually admired the Broncos. Our enthusiasm has only developed as we’ve realized more about the group, employees and Broncos Region in excess of the previous couple of months.”
“While this invest in and sale agreement is pending acceptance from the NFL’s finance committee and league possession, these days marks a important action on the route to an exciting new chapter in Broncos record,” Ellis’ statement reported.
It’s expected to be an remarkable year ahead, right after the workforce traded various very first-round draft picks to the Seattle Seahawks for quarterback Russell Wilson. Barring just about anything unforseen, there will be a new group observing Wilson from the owner’s box.
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