Back in February, the Pat Bowlen Trust announced that it was putting the Denver Broncos up for sale, which meant it was signaling the end of the 38-year ownership tenure for the Bowlen family.
On Friday, a suitor emerged as the New York Post reported that Rob Walton, son of Helen and Sam Walton and heir to their Walmart fortune, is expected to submit a $4 billion bid for the team.
Walton, with a net worth of nearly $70 billion, claerly won’t need any other partners to help him purchase the team. However, he will be subject to the standard vetting process prospective NFL owners undergo.
Back in 2018, David Tepper purchased the Carolina Panthers in 2018 for $2.275 billion, so the $4 billion price tag would easily be the record price for the sale an American professional sports franchise.
The Post additionally reported that the Broncos are only accepting offers of $4 billion or more, noting that insiders project a final sale price between $4.5 billion and $5.5 billion.
If Walton wins this bid, he’d be the wealthiest owner in the NFL.
