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…
Denver Broncos
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…
Sporticast: Broncos Sale Heats Up, Trail Blazers Might Be Next
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 latest in…
Nike Co-Founder Phil Knight Leads $2+ Billion Offer for NBA’s Trail Blazers
Nike co-founder Phil Knight and Los Angeles Dodgers investor Alan Smolinisky have made an offer of more than $2 billion to purchase the Portland Trail Blazers. There’s…
Exclusive
Broncos Sale Draws Clearlake Billionaires Eghbali and Feliciano
The billionaire private equity founders behind the recent purchase of Chelsea are fronting one of the bids for the Denver Broncos, according to someone familiar with the…
Walmart Heir Rob Walton Stalks Broncos Amid Mile High NFL Valuations
Rob Walton recently made a purchase, a splurge meant to facilitate a long-pursued interest. He bought an electric bike. Most Saturdays Walton takes a 75-mile ride. He’s…
Sporticast: Boehly Buys Chelsea, Magic Joins Broncos Bidding
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 sale of…
Exclusive
Magic Johnson Joins Josh Harris Bid for Denver Broncos
Earvin “Magic” Johnson is entering the bidding for the Denver Broncos, according to someone familiar with the move. The former NBA star has joined the bid group being…
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