Why is the Bowlen family selling the Broncos?

The team will be placed up for auction after Pat Bowlen’s children could not agree on a successor among them. Broncos CEO Joe Ellis announced the decision on Tuesday through a statement by the trust.

Does Jeff Bezos want to buy the Broncos?

When news first broke that the Broncos could be put up for sale, initial speculation suggested Bezos could buy Denver’s NFL team. But that was quickly shot down, with Bezos reportedly not interested in buying the club.

How much did Pat Bowlen buy the Broncos for?

When Pat Bowlen and members of his family scraped together about $70 million to purchase the Broncos from Edgar Kaiser in 1984, shortly after quarterback John Elway’s rookie season had ended, it was the highest price paid for an NFL franchise at the time.

Are the Denver Broncos for sale?

ENGLEWOOD, Colo. — The Denver Broncos have entered a sale agreement with the Walton-Penner family ownership group, the sides announced Tuesday night. The agreement is for $4.65 billion, sources told ESPN, confirming multiple reports. That would be a record price paid for a North American sports franchise.

Does Elway own any part of the Broncos?

Both Elway and Manning have partnered with an ownership buying group — separately. As the Broncos go up for an NFL auction, Manning’s and Elway’s respective buying groups will bid to win ownership of the club.

Does Peyton Manning own the Broncos?

Broncos sold to Rob Walton: New ownership group discussing advisory role for Peyton Manning, per report – CBSSports.com.

Does Peyton Manning want to buy the Broncos?

The former quarterback, who was inducted into the Broncos’ Ring of Fame on Sunday, said he isn’t currently planning to buy the organization. “I haven’t had any serious conversations with anyone,” Manning told reporters.

Does Walmart own the Broncos?

ENGLEWOOD, Colo. The Waltons, heirs to the Walmart fortune and America’s richest family, have won the bidding to purchase the Denver Broncos in the most expensive deal for a sports franchise anywhere in the world.

Who owns Broncos?

Pat BowlenDenver Broncos / Owner