From one family affair to another, the next chapter in Denver Broncos history appears clearer than ever before. Late Tuesday the team announced it had entered into a sale agreement with the Walton-Penner ownership group led by Rob Walton, his daughter, Carrie Walton Penner, and her husband, Greg Penner.
“There were at least three excellent bids, any of which could have been accepted and any of which would have been dramatically larger in dollar amount than what Dave Tepper paid for the [Carolina] Panthers four years ago,” said Marc Ganis, founder and president of sports business consulting firm Sports Corp, which has worked on projects with multiple NFL teams.
Now retired from that role, his net worth is estimated near $60 billion, making him the league’s richest owner once approved. He would also have a higher net worth than the league’s five current richest owners combined. Family is a major theme of Walton’s ownership group. The 77 year old is joined by his daughter, Carrie Walton Penner, and her husband, Greg Penner, who is the current chair of Walmart’s board.
“She is an amazing person, and I believe is going to bring a lot of talent and a lot of energy to the broncos’ new ownership as well,” Ganis said.
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