August 7, 2022

Rocky Daily News

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Rob Walton plans bid to buy Denver Broncos

1 min read

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DENVER (KDVR) — Things appear to be heating up when it comes to the sale of the Denver Broncos according to reports from Bloomberg News.

The team was formally put up for sale earlier this year, and while there have been several people who have expressed interest in owning the team this is the first time Bloomberg is reporting about an individual planning to buy the team rather than a group.

The bid reported by Bloomberg comes from Rob Walton, the son of Walmart founder Sam Walton. He is one of the richest people on Earth with a net worth of nearly $70 billion.

Forbes values the Broncos at $3.75 billion, but the NFL only requires owners to have a 30% controlling interest, which means the team’s…

Sean O’Donnell

2022-04-08 15:14:19

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