sport news Walmart heirs complete $4.25BILLION deal to buy the Denver Broncos trends now
The Denver Broncos have officially sold to a group of Walmart heirs for a record price of $4.65 billion.
That's not just an NFL record, but a sports record, eclipsing Steve Cohen's $2.4 billion purchase of the New York Mets and David Tepper's $2.3 billion acquisition of the Carolina Panthers.
It even exceeds Todd Boehly's $5.12 billion acquisition of Chelsea FC because that figure includes investments in the London soccer club's stadium and donations to charities supported by outgoing owner, Roman Abramovich. In the end, the true sales price was close to $3 billion, according to multiple reports.
The Walton Penner Ownership Group's bid was approved by unanimous vote of NFL owners at a meeting on Tuesday, according to NFL commissioner Roger Goodell.
'We're just so excited to officially become a part of the Broncos. big, big day for us,' Rob Walton said during a short press conference.
The Denver Broncos have officially sold to a group of Walmart heirs for a record price of $4.65 billion. Super Bowls during his reign. His trust assumed the ownership after he died in 2019. Rob Walton, 77, is now the NFL's richest owner thanks to an estimated fortune of nearly $60 billion, according to Bloomberg
The ownership group also includes Walton's daughter, Carrie (left), and her husband, Greg (right) Penner, who has