Broncos’ Fumbled Handoff Reveals Perils of NFL Estate Planning
This story is the first in a series covering inheritance and estate planning in the National Football League. NFL owners, with an average age of 72, face tax and legal…
Denver Broncos
Man United Stock Jumps 12% to Match Biggest Gain Since 2012 IPO
Manchester United’s Premier League season got off to a disastrous start on Sunday with a home loss to Brighton & Hove Albion. It was Brighton’s first-ever victory at Old…
Rob Walton’s $4.65B Purchase of Broncos Approved by NFL Owners
Rob Walton was approved unanimously as the next owner of the Denver Broncos today at a special NFL owners meeting in Minneapolis. The sale is expected to close later…
NFL Team Valuations 2022: Cowboys Rule at $7.6B as Average Tops $4B
NFL owners will gather in Minnesota next week to vote on adding a new member to their exclusive club. In June, Walmart heir Rob Walton agreed to pay $4.65 billion for…
Sporticast: Condoleezza Rice Now a Broncos Owner, UEFA Takes TV Bids
On the latest Sporticast episode, hosts Scott Soshnick and Jacob Feldman discuss some of the biggest sports business stories of the week, including former Secretary of…
Condoleezza Rice Joins Broncos’ Ownership Group as Minority Owner
Condoleezza Rice won’t be carrying out foreign policy or leading diplomatic missions in her next role, but she will be a trusted advisor for one of Colorado’s most…
Broncos Sale Reveals Fading Opportunities for Black Ownership
Rob Walton was out of the country when the news broke that he’d won the bidding war to purchase the Denver Broncos. It’s unclear if or how he celebrated abroad, but it…
Chargers Legal Feud May Invoke Thorny NFL Family Trust Issues
Although the Los Angeles Chargers aren’t mentioned by name in a 47-page petition filed by Dea Spanos Berberian in a California court last Wednesday, the team’s ownership…
Broncos $4.65B Price Shows NFL Ownership Rules Working Just Fine
The last NFL team sale, pre-Denver Broncos, was the Carolina Panthers; the franchise hit the market in late 2017, and bids were expected to reach as high as $3 billion…
Sporticast: Sports Teams Are Getting Really, Really Expensive
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including the blockbuster…
Rob Walton Wins Broncos Bidding in Record $4.6 Billion Deal
Billionaire Rob Walton has won the bidding for the Denver Broncos. The Walmart heir, one of the richest people in the U.S., has reached an agreement to acquire the NFL…
Exclusive
Denver Broncos Bidding Narrows to Three Main Groups
Bidding on the Denver Broncos has narrowed to three main groups, led by Rob Walton, Josh Harris and the founders of Clearlake Capital. Four groups submitted bids in…
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