Walton

Rob Walton is would-be owner but Greg and Carrie Penner will be in charge of Broncos

Rob Walton is would-be owner but Greg and Carrie Penner will be in charge of Broncos

Greg and Carrie Penner are expected to handle the day-to-day operations while Walton oversees. DENVER — On a Sunday evening, May 8 — Mother’s Day as it turned out — Joe Ellis sat down to dinner with a group of two prospective buyers for the Denver Broncos. The dinner was at Le Bilboquet, a French …

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Walmart heir Rob Walton pays record $4.65bn for NFL’s Denver Broncos

The Waltons, heirs to the Walmart fortune and America’s richest family, have won the bidding to purchase the Denver Broncos in the most expensive deal for a sports franchise anywhere in the world. The Broncos announced late Tuesday night they had entered into a sale agreement with the Walton-Penner ownership group led by Rob Walton, …

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New Broncos owner Rob Walton may be rich but GM, coach, QB, roster matter more than money in NFL

New Broncos owner Rob Walton may be rich but GM, coach, QB, roster matter more than money in NFL

Still, as Pat Bowlen proved in his 30 active seasons with the Broncos, a good owner can be pivotal to a team’s success. DENVER — This ain’t baseball. Money doesn’t buy championships in the NFL. The league’s salary cap payroll system neutralizes big spenders, and the roughly $10 billion the league generates in annual national …

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General view outside of the UCHealth Trining Center before a Mini Camp drill for the Denver Broncos.

Denver Broncos to be sold to Walmart heir Rob Walton for $4.65 billion

Walmart has arrived in the NFL. Rob Walton, the eldest son of Walmart founder Sam Walton, is poised to become the new owner of the Denver Broncos after the team announced Tuesday night that it had entered into a purchase agreement with him, his daughter, Carrie Walton-Penner, and his son-in-law, Greg Penner.  Financial terms were not immediately …

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