Who Owns the Denver Broncos?

2024-02-07

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The Denver Broncos are one of the most successful franchises in the National Football League (NFL), having won three Super Bowls and numerous division titles. The team is based in Denver, Colorado, and plays its home games at Empower Field at Mile High.

The Broncos have been owned by the Bowlen family since 1984, when Pat Bowlen purchased the team from Edgar Kaiser for $78 million. Bowlen was a successful businessman and philanthropist who helped lead the Broncos to their first Super Bowl victory in 1997. He passed away in 2019, and his estate has been in control of the team since then.

In 2022, the Broncos were sold to a group led by Walmart heir Rob Walton for a record-setting $4.65 billion. Walton is a lifelong Broncos fan who has pledged to keep the team in Denver and continue its winning tradition.

The Broncos are one of the most valuable franchises in the NFL, and their ownership is a coveted asset. The team has a large and passionate fan base, and its games are consistently among the most-watched in the league.

The new ownership group is led by Rob Walton, who is the chairman of Walmart. He is joined by his daughter, Carrie Walton Penner, and her husband, Greg Penner. The Penner family has a minority stake in the team.

The Walton-Penner ownership group has pledged to invest in the Broncos and make them a perennial contender. They have already made several significant changes, including hiring a new general manager and head coach.

The Broncos are hoping that the new ownership group will help them return to their winning ways and bring another Super Bowl trophy to Denver.

Who Owns the Denver Broncos

The Denver Broncos are owned by a group led by Walmart heir Rob Walton.

Owned by Walton-Penner group
Rob Walton is chairman
Carrie Walton Penner is co-owner
Greg Penner is co-owner
Purchased team in 2022
$4.65 billion sale price
Committed to winning
New ownership, new era

The Walton-Penner group is committed to investing in the Broncos and making them a perennial contender.

Owned by Walton-Penner group

The Denver Broncos are owned by a group led by Walmart heir Rob Walton, who is the chairman of the group. He is joined by his daughter, Carrie Walton Penner, and her husband, Greg Penner. The Penner family has a minority stake in the team.

The Walton-Penner group purchased the Broncos in 2022 for a record-setting $4.65 billion. The previous owner, the Bowlen family, had owned the team since 1984.

The new ownership group is also committed to keeping the Broncos in Denver. They have pledged to build a new stadium for the team, which is expected to be completed in 2026.

Details of the Walton-Penner group:

Rob Walton: Chairman of the Walmart board of directors and majority owner of the Broncos.
Carrie Walton Penner: Rob Walton's daughter and co-owner of the Broncos.
Greg Penner: Carrie Walton Penner's husband and co-owner of the Broncos.
Other investors: The Walton-Penner group also includes a number of other investors, including Mellody Hobson, Condoleezza Rice, and Mark Walter.

The Walton-Penner group is a diverse and experienced group of owners who are committed to the success of the Denver Broncos. They have the resources and the expertise to help the team return to its winning ways and bring another Super Bowl trophy to Denver.

The new ownership group has brought a renewed sense of optimism to the Broncos and their fans. The team is hoping that the Walton-Penner group will help them return to their winning ways and bring another Super Bowl trophy to Denver.

Rob Walton is chairman

Rob Walton is the chairman of the Walton-Penner group that owns the Denver Broncos. He is also the chairman of Walmart, the world's largest retailer. Walton is a lifelong Broncos fan, and he is committed to bringing a Super Bowl trophy back to Denver.

Walton is a successful businessman with a long history of success in the retail industry. He is also a philanthropist who has donated millions of dollars to various charities and educational institutions.

As chairman of the Broncos, Walton is responsible for overseeing the team's operations and making major decisions about its future. He is also the team's representative at NFL owners meetings.

Walton is a strong leader who is committed to winning. He has already made several significant changes to the Broncos, including hiring a new general manager and head coach. He is also committed to investing in the team and building a new stadium.

Details of Rob Walton's role as chairman:

Oversees the team's operations: Walton is responsible for making sure that the Broncos are run in a professional and efficient manner.
Makes major decisions: Walton has the final say on all major decisions about the team, including player personnel, coaching staff, and stadium construction.
Represents the team at NFL owners meetings: Walton represents the Broncos at NFL owners meetings, where he votes on league rules and policies.
Works with the general manager and head coach: Walton works closely with the general manager and head coach to set the team's goals and objectives.
Committed to winning: Walton is committed to winning a Super Bowl for the Broncos. He is willing to invest the resources necessary to make the team a contender.

Rob Walton is a strong leader who is committed to the success of the Denver Broncos. He has the experience and the resources to help the team return to its winning ways and bring another Super Bowl trophy to Denver.

The Broncos are fortunate to have Rob Walton as their chairman. He is a passionate and committed owner who is dedicated to bringing a championship to Denver.

Carrie Walton Penner is co-owner

Carrie Walton Penner is the co-owner of the Denver Broncos, along with her father, Rob Walton, and her husband, Greg Penner. She is also a director of Walmart.

Walton Penner is a graduate of Stanford University and Harvard Business School. She has worked in various roles at Walmart, including as a merchant and a buyer. She is also a member of the board of directors of the Walton Family Foundation.

Walton Penner is a passionate Broncos fan, and she is committed to helping the team win a Super Bowl. She is also a strong advocate for diversity and inclusion in the NFL.

As co-owner of the Broncos, Walton Penner is responsible for helping to oversee the team's operations and making major decisions about its future. She is also the team's representative at NFL owners meetings.

Details of Carrie Walton Penner's role as co-owner:

Helps to oversee the team's operations: Walton Penner works with her father and husband to make sure that the Broncos are run in a professional and efficient manner.
Makes major decisions: Walton Penner has a say in all major decisions about the team, including player personnel, coaching staff, and stadium construction.
Represents the team at NFL owners meetings: Walton Penner represents the Broncos at NFL owners meetings, where she votes on league rules and policies.
Works with the general manager and head coach: Walton Penner works closely with the general manager and head coach to set the team's goals and objectives.
Committed to diversity and inclusion: Walton Penner is a strong advocate for diversity and inclusion in the NFL. She is committed to creating a welcoming and inclusive environment for all employees and fans.

Carrie Walton Penner is a strong and capable leader who is committed to the success of the Denver Broncos. She is a valuable member of the ownership group, and she is helping to lead the team into a new era of success.

The Broncos are fortunate to have Carrie Walton Penner as a co-owner. She is a passionate and committed owner who is dedicated to bringing a championship to Denver.

Greg Penner is co-owner

Greg Penner is the co-owner of the Denver Broncos, along with his wife, Carrie Walton Penner, and his father-in-law, Rob Walton. He is also a managing partner of Madrone Capital Partners, a private equity firm.

Penner is a graduate of Stanford University and Harvard Business School. He has worked in various roles in the technology industry, including as a consultant and an investor. He is also a member of the board of directors of Walmart.

Penner is a passionate Broncos fan, and he is committed to helping the team win a Super Bowl. He is also a strong advocate for data analytics and technology in the NFL.

As co-owner of the Broncos, Penner is responsible for helping to oversee the team's operations and making major decisions about its future. He is also the team's representative at NFL owners meetings.

Details of Greg Penner's role as co-owner:

Helps to oversee the team's operations: Penner works with his wife and father-in-law to make sure that the Broncos are run in a professional and efficient manner.
Makes major decisions: Penner has a say in all major decisions about the team, including player personnel, coaching staff, and stadium construction.
Represents the team at NFL owners meetings: Penner represents the Broncos at NFL owners meetings, where he votes on league rules and policies.
Works with the general manager and head coach: Penner works closely with the general manager and head coach to set the team's goals and objectives.
Advocate for data analytics and technology: Penner is a strong advocate for data analytics and technology in the NFL. He believes that these tools can help the Broncos make better decisions and improve their performance on the field.

Greg Penner is a strong and capable leader who is committed to the success of the Denver Broncos. He is a valuable member of the ownership group, and he is helping to lead the team into a new era of success.

The Broncos are fortunate to have Greg Penner as a co-owner. He is a passionate and committed owner who is dedicated to bringing a championship to Denver.

Purchased team in 2022

The Walton-Penner group purchased the Denver Broncos in 2022 for a record-setting $4.65 billion. The previous owner, the Bowlen family, had owned the team since 1984.

The sale of the Broncos was the largest ever for a sports team. It was also the first time that an NFL team had been sold for more than $4 billion.

The Walton-Penner group was able to purchase the Broncos because they are one of the wealthiest families in the world. Rob Walton is the chairman of Walmart, the world's largest retailer. Carrie Walton Penner and Greg Penner are also successful businesspeople.

The Walton-Penner group is committed to investing in the Broncos and making them a perennial contender. They have already made several significant changes, including hiring a new general manager and head coach. They are also committed to keeping the Broncos in Denver and building a new stadium for the team.

Details of the purchase of the Broncos in 2022:

Sale price: $4.65 billion
Previous owner: Bowlen family
New owner: Walton-Penner group
Date of sale: August 9, 2022
Significance: Largest sale of a sports team in history

The purchase of the Broncos by the Walton-Penner group is a significant event in the history of the NFL. It is a sign that the league is becoming increasingly valuable and that there is a growing demand for NFL teams.

The Broncos are fortunate to have the Walton-Penner group as their new owners. They are a wealthy and committed ownership group who are dedicated to bringing a championship to Denver.

$4.65 billion sale price

The sale of the Denver Broncos for $4.65 billion in 2022 was a record-setting event. It was the largest sale of a sports team in history.

The previous record for the sale of a sports team was $2.35 billion, which was paid for the Brooklyn Nets of the NBA in 2019.

The Broncos' sale price was so high because the team is one of the most valuable franchises in the NFL. The Broncos have a large and passionate fan base, and they play in a major media market.

The Walton-Penner group was willing to pay a record-setting price for the Broncos because they are confident that the team can be even more valuable in the future. They are committed to investing in the team and making it a perennial contender.

Details of the $4.65 billion sale price:

Sale price: $4.65 billion
Previous record: $2.35 billion (Brooklyn Nets, 2019)
Significance: Largest sale of a sports team in history
Reasons for high price: Valuable franchise, large fan base, major media market
Walton-Penner group's commitment: Investing in the team, making it a perennial contender

The sale of the Broncos for $4.65 billion is a sign that the NFL is becoming increasingly valuable. It is also a sign that there is a growing demand for NFL teams.

The Broncos are fortunate to have the Walton-Penner group as their new owners. They are a wealthy and committed ownership group who are dedicated to bringing a championship to Denver.

Committed to winning

The Walton-Penner group is committed to winning a Super Bowl for the Denver Broncos. They are willing to invest the resources necessary to make the team a contender.

Hiring a new general manager and head coach: The Walton-Penner group hired George Paton as general manager and Nathaniel Hackett as head coach in 2022. Both Paton and Hackett have a history of success in the NFL.
Investing in the team: The Walton-Penner group has already made several significant investments in the Broncos, including upgrading the team's practice facilities and hiring more scouts and coaches.
Building a new stadium: The Walton-Penner group is committed to building a new stadium for the Broncos. The new stadium is expected to be completed in 2026.
Creating a winning culture: The Walton-Penner group is working to create a winning culture within the Broncos organization. They are focused on building a team that is tough, disciplined, and resilient.

The Walton-Penner group is confident that the Broncos can be a perennial contender. They are committed to doing everything it takes to bring a Super Bowl trophy back to Denver.

The Broncos are fortunate to have the Walton-Penner group as their new owners. They are a wealthy and committed ownership group who are dedicated to winning.

New ownership, new era

The Walton-Penner group's purchase of the Denver Broncos in 2022 marked the beginning of a new era for the team. The new ownership group is committed to winning and to investing in the team.

The Walton-Penner group has already made several significant changes to the Broncos, including hiring a new general manager and head coach. They have also made several investments in the team, including upgrading the team's practice facilities and hiring more scouts and coaches.

The new ownership group is also committed to building a new stadium for the Broncos. The new stadium is expected to be completed in 2026 and will be one of the most technologically advanced stadiums in the NFL.

The Walton-Penner group is confident that the Broncos can be a perennial contender. They are committed to doing everything it takes to bring a Super Bowl trophy back to Denver.

Details of the new era for the Broncos:

New ownership group: The Walton-Penner group is a wealthy and committed ownership group who are dedicated to winning.
New general manager and head coach: The Walton-Penner group hired George Paton as general manager and Nathaniel Hackett as head coach in 2022. Both Paton and Hackett have a history of success in the NFL.
Investments in the team: The Walton-Penner group has already made several significant investments in the Broncos, including upgrading the team's practice facilities and hiring more scouts and coaches.
New stadium: The Walton-Penner group is committed to building a new stadium for the Broncos. The new stadium is expected to be completed in 2026 and will be one of the most technologically advanced stadiums in the NFL.
Winning culture: The Walton-Penner group is working to create a winning culture within the Broncos organization. They are focused on building a team that is tough, disciplined, and resilient.

The Broncos are excited about the new era under the Walton-Penner group. The new ownership group is committed to winning and to investing in the team. The Broncos are confident that they can be a perennial contender and bring another Super Bowl trophy to Denver.

FAQ

Here are some frequently asked questions about the Denver Broncos' new ownership group:

Question 1: Who owns the Denver Broncos?
Answer 1: The Denver Broncos are owned by the Walton-Penner group, led by Rob Walton, Carrie Walton Penner, and Greg Penner.

Question 2: When did the Walton-Penner group purchase the Broncos?
Answer 2: The Walton-Penner group purchased the Broncos in August 2022.

Question 3: How much did the Walton-Penner group pay for the Broncos?
Answer 3: The Walton-Penner group paid a record-setting $4.65 billion for the Broncos.

Question 4: What are the Walton-Penner group's goals for the Broncos?
Answer 4: The Walton-Penner group is committed to winning a Super Bowl and making the Broncos a perennial contender.

Question 5: What changes has the Walton-Penner group made to the Broncos?
Answer 5: The Walton-Penner group has hired a new general manager and head coach, invested in the team's facilities and personnel, and is committed to building a new stadium.

Question 6: What is the future of the Broncos under the Walton-Penner group?
Answer 6: The Broncos are excited about the future under the Walton-Penner group. The new ownership group is committed to winning and to investing in the team. The Broncos are confident that they can be a perennial contender and bring another Super Bowl trophy to Denver.

The Walton-Penner group is a strong and committed ownership group. They are dedicated to winning and to bringing a championship to Denver.

The Broncos are fortunate to have the Walton-Penner group as their new owners.

Now that you know more about the Denver Broncos' new ownership group, here are some tips for following the team:

Tips

Here are some tips for following the Denver Broncos under their new ownership group:

Tip 1: Watch the games.
The best way to follow the Broncos is to watch their games. The Broncos play their home games at Empower Field at Mile High in Denver, Colorado. You can also watch their games on TV or online.

Tip 2: Visit Empower Field at Mile High.
If you have the opportunity, visit Empower Field at Mile High to watch a Broncos game in person. The stadium is a great place to experience the excitement of a football game and to cheer on the Broncos with other fans.

Tip 3: Follow the Broncos on social media.
The Broncos have a strong social media presence. You can follow them on Twitter, Facebook, and Instagram to get the latest news and updates about the team.

Tip 4: Join a Broncos fan club.
There are many Broncos fan clubs across the country. Joining a fan club is a great way to connect with other Broncos fans and to show your support for the team.

Following these tips will help you stay up-to-date on the Denver Broncos and their new ownership group. The Broncos are excited about the future under the Walton-Penner group, and they are hoping to bring another Super Bowl trophy to Denver.

Now that you know how to follow the Denver Broncos, here is a brief conclusion to the article:

Conclusion

The Denver Broncos are one of the most successful franchises in the NFL, with three Super Bowl victories and numerous division titles. The team is owned by the团体-Penner group, led by Rob团体, Carrie团体 Penner, and Greg Penner. The团体-Penner group is committed to winning and to investing in the team. They have already made several significant changes, including hiring a new general manager and head coach. They are also committed to building a new stadium for the Broncos.

The new ownership group is a breath of fresh air for the Broncos and their fans. The团体-Penner group is committed to bringing a championship back to Denver and making the Broncos a contender for many years to come.

The Broncos are excited about the future under the团体-Penner group. The new ownership group is strong and committed, and they are dedicated to winning. The Broncos are confident that they can be a contender and bring another Super Bowl trophy to Denver.

As a Broncos fan, you can be excited about the future of the team. The团体-Penner group is committed to winning and to investing in the team. The Broncos are poised for a bright future.

Go Broncos!