News about Pat Bowlen

How Hamilton, Condoleezza Rice and Walmart's king pulled off the richest takeover in sports history

www.dailymail.co.uk, February 17, 2023
The war against the ruling family was never declared in Colorado. Rather, war broke out in-house, a long, public domestic feud involving heirs to one of America's most profitable franchises. When the Denver Broncos were auctioned for $3.87 billion last summer, they eventually arrived D-Day. It had been tumultuous and bitter. It all came with the richest takeover in sports history. So, with all the green and gold and bile being thrown their way, the Glazers' succession strategy at Manchester United seems more stifled. United's sale, which came to a halt last night, may be even more profitable. Qatar, Saudi Arabia, the United States, and the United Kingdom are all interested in the country. The Broncos were not short of suitors, either - NFL teams do not appear on the market often. Among the bidders? Todd Boehly, whose group acquired Chelsea, was a sponsor of Chelsea.

The Denver Broncos were purchased by Walmart heirs in a $4.65 billion contract

www.dailymail.co.uk, August 9, 2022
The Denver Broncos have officially sold to a group of Walmart heirs for a whopping $4.65 billion. That's not only an NFL record but a sports record, eclipsing Steve Cohen's $2.4 billion buy of the New York Mets and David Tepper's $2.3 billion purchase of the Carolina Panthers, not just a football record. It even outstrips Todd Boehly's $5.12 billion purchase of Chelsea FC because the club's stadium and contributions to charities funded by outgoing owner Roman Abramovich. According to various outlets, the true sales price was close to $3 billion. According to NFL commissioner Roger Goodell, the Walton Penner Ownership Group's bid was approved by unanimous vote of NFL owners at a meeting on Tuesday.