{"id":38947,"date":"2022-06-06T14:58:57","date_gmt":"2022-06-06T14:58:57","guid":{"rendered":"https:\/\/harchi90.com\/forbes-denver-broncos-expected-to-be-sold-for-4-5b-to-walmart-heir-rob-walton-bleacher-report\/"},"modified":"2022-06-06T14:58:57","modified_gmt":"2022-06-06T14:58:57","slug":"forbes-denver-broncos-expected-to-be-sold-for-4-5b-to-walmart-heir-rob-walton-bleacher-report","status":"publish","type":"post","link":"https:\/\/harchi90.com\/forbes-denver-broncos-expected-to-be-sold-for-4-5b-to-walmart-heir-rob-walton-bleacher-report\/","title":{"rendered":"Forbes: Denver Broncos Expected to Be Sold for $ 4.5B to Walmart Heir Rob Walton | Bleacher Report"},"content":{"rendered":"
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Jim Spellman \/ WireImage<\/span><\/small><\/div>\n

Rob Walton has the winning bid to purchase the Denver Broncos for $ 4.5 billion, according to Mike Ozanian of Forbes<\/i>.<\/p>\n

The sale, which is expected to be formally announced as soon as this month, would be the largest of any sports franchise in history.<\/p>\n

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Bleacher Report @BleacherReport<\/span><\/p>\n

Walmart heir Rob Walton will buy the Denver Broncos with a winning bid of $ 4.5 billion, for @Forbes <\/a>
< br> It will be the most expensive sale of any sports franchise pic.twitter.com\/mrYd1ycEpn <\/a><\/p>\n

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ESPN’s Adam Schefter<\/a> reported the process is ongoing and that “no favorite has emerged at this time.”<\/p>\n

Walton, an heir to the Walmart fortune, has an estimated net worth of $ 59.1 billion, per Forbes<\/i>, making him the 22nd-richest person in the world. The 77-year-old is the eldest son of Walmart founder Sam Walton and served as the company’s chairman from 1992 to 2015.<\/p>\n

His daughter, Carrie, and son-in-law, Greg Penner, would also join the ownership group.<\/p>\n

The sale would blow away the NFL record set in 2018 when David Tepper purchased the Carolina Panthers for $ 2.275 billion. A consortium led by Todd Boehly set a new worldwide record last month when it bought the Premier League club Chelsea for $ 3.2 billion.<\/p>\n

The Broncos were valued at $ 3.75 billion by Forbes<\/i> last year, but a bidding war has raised the price.<\/p>\n

Mike Klis of 9News previously reported the known candidates, including Philadelphia 76ers governor Josh Harris:<\/p>\n

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Mike Klis @mikeklis<\/span><\/p>\n

Source: 2nd round bids to buy Broncos are due by MONDAY. 4 groups expected to make bids:
1. Rob Walton-Greg Penner
2. Josh Harris
3. Jose E. Feliciano (with Behdad Eghbali and Todd Boehly) *
4. Matt Ishbia (with Justin).
Byron Allen is 5th group but considered longshot. # 9sports <\/a><\/p>\n

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It created a major increase from the $ 78 million that Pat Bowlen spent on the franchise in 1984.<\/p>\n

After Bowlen died in 2019, a legal disputes<\/a> among his children led to the sale of the team, which was announced by the Pat Bowlen Trust in February.<\/p>\n

Rob Walton appears poised to take over a franchise with a rich history and three Super Bowl titles, the most recent coming in the 2015 season.<\/p>\n<\/div>\n<\/div>\n