Owners approve sale of Broncos to Rob Walton’s group

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The Broncos finally have an owner again.

For the first time since Pat Bowlen placed the team in trust while he battled Alzheimer’s disease, the franchise has one person in charge of the team. That person is Rob Walton, the former Wal-Mart CEO and the son of Wal-Mart founder Sam Walton.

The vote, which required at least 24 owners to secure approval, was never in doubt. The league announced that it was unanimous.

Walton becomes the richest owner in the NFL, by far. He has a net worth of nearly $70 billion.

Currently, no other teams are for sale. That could change if the owners ever manage to nudge Daniel Snyder out in Washington, or when the Seahawks are sold by the estate of Paul Allen. Any sale of the Seahawks before May 1, 2024 would result in the state of Washington getting 10 percent of the proceeds.

Allen’s sister, Jody, recently issued a statement denying that the team is for sale. It was clear within the broader context, however, that it eventually will be.

23 responses to “Owners approve sale of Broncos to Rob Walton’s group

  1. More bad news for the Raiders, they won’t be getting out of last place for decades now, lolololol!

  2. 3 things that should be a priority for the Waltons:

    1. New stadium that is SuperBowl ready. Paid fully by the Waltons.
    2. Consider a uniform update for 2023.
    3. Pay Wilson a new deal.

  3. Trying to wrap my head around $70Bn of wealth in one man’s hands, is like trying to imagine the size of the Universe.

  4. ghjjf says:
    August 9, 2022 at 2:29 pm
    I feel like the product on the field in Denver will suddenly be cheap garbage

    ****************************************
    Suddenly be cheap? They’ve been cheap garbage since Manning left.

  5. Soon to be – the Bentonville Broncos! Who would have ever expected Arkansas to have an NFL franchise! You can take THAT to the bank!

  6. denbronx says:
    August 9, 2022 at 1:58 pm
    3 things that should be a priority for the Waltons:

    1. New stadium that is SuperBowl ready. Paid fully by the Waltons.
    2. Consider a uniform update for 2023.
    3. Pay Wilson a new deal.
    ——–
    They recently built a new stadium and Denver is NOT dome country.

  7. They already have one Lombardi in the Walton family. Another one coming? He’s got deep pockets to pay for anything.

  8. The comments here equating Wal-Mat as cheap garbage, please be aware that Wal-Mart has provided great value for the vast majority of the population for a generation. While you probably should not regularly buy produce and be careful with some meats, where is the justification for cheapness? Good products for a reasonable amount.
    Try living in the 1970s and 1980s where everything was a crap-shoot.
    But what do I know? I’m just a boomer with >50 years of experience in the world. Most of it in small towns
    They are also one of the largest employers of the disabled in the USA. But I guess that sort of thing does not fit into the evil corporation narrative.

  9. So now the NFL has the Broncos & Rams as Wal Mart owners? Isn’t Stan Kroenke married to a Wal Mart heiress? This doesn’t seem right.

  10. Unemployment in Denver just went down. There are openings for greeters at every Mile High gate.

  11. I would never pick low fruit as to make a Walmart Joke about this story…For example, I would never say “The Broncos are hoping for a ROLLBACK to 2015.

  12. A new stadium in Denver? Nothing wrong with it. It’s one of the most beautiful in the league. Dome teams like the Raiders and Chargers cripple in the environment.

  13. I wonder if Rob did self checkout on that purchase. Those scanners never work!

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