The Denver Broncos have five potential buyers advancing to the “next round” of bidding for the club, according to a report from Scott Soshnick and Eben Novy-Williams of Sportico.com.
“The Denver Broncos have received five non-binding bids to purchase the team, including bids from two who are already facing off in another high-profile team sale,” writes Owen Poindexter of Front Office Sports.
Rob Walton, an heir to the Walmart fortune who is worth nearly $70 billion, is among the bidders who have already submitted non-binding offers for the NFL club.
A group led by 76ers and Devils co-owner Josh Harris and a group led by Los Angeles Dodgers investor Todd Boehly have also submitted offers.
All will have in-person meetings with Broncos leadership at the beginning of May.
The Broncos are expected to be sold for more than $4 billion. The Broncos hope to complete a sale before the 2022 NFL season begins in September.
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Whoever comes out as the winner will inherit a team with recently acquired Russell Wilson as the QB.