September 30, 2022

Rocky Daily News

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Lewis Hamilton and Denver Broncos Ownership Diversity

1 min read

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In June, the group led by Walmart heir Rob Walton and Greg Penner, Walmart’s chairman and Walton’s son-in-law, won the high-stakes auction for the Denver Broncos by agreeing to pony up $4.65 billion to purchase the franchise. And in advance of an upcoming vote by National Football League owners to approve the sale, Walton and Penner continue to demonstrate that they’re taking the NFL’s mandate for diversity among the new ownership collective seriously.

At the time of the deal’s original announcement, the group revealed the participation of Mellody Hobson, a Black woman who currently serves as co-CEO of Ariel Investments and the board chair for Starbucks (she’s also the wife of Star Wars creator George Lucas). The following month, Walton and Penner brought aboard Condoleezza Rice, the…

Michael Roberts

2022-08-03 08:22:00

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