Byron Allen Says He’s “Smiling” When Asked If He’s Still in The Running to Buy Denver Broncos
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In February 2022, the Broncos became the first club to be put up for sale since the Carolina Panthers franchise was advertised and sold in 2017.
The Panthers were sold for $2.275 billion, but the price of the Broncos is expected to be much higher, in the ballpark of around $4 billion.
Right now, some interesting candidates for owner of the team are Byron Allen, Rob Walton, Joshua Harris, and Todd Boehly.
Byron Allen, an entrepreneur, comedian, and TV producer, formed Entertainment Studios in 1993. The entity went on to buy NBCUniversal, The Weather Channel, Bain Capital, and The Blackstone Group.
“I believe that they are sincere when they say they want to achieve something that hasn’t been achieved in [the NFL’s] 100 year history, which is to achieve the first black owner of an NFL team,” Allen told Yahoo Finance Editor-in-Chief Andy Serwer.
He also said he could not say whether he had advanced to the next round of the bidding war because he is under a non-disclosure agreement but hinted he is by saying, “I’m smiling.” Allen then went on to say how much he loves NFL Commissioner Roger Goodell, who he believes is underestimated, and that he also loves Bob Kraft.
As for other candidates, the Los Angeles Dodgers are 20 percent owned by Todd Boehly. Mark Walter, Boehly’s investing partner, is the Dodgers’ majority owner.
Josh Harris is the majority shareholder in both the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils. Harris has a net worth of $5.5 billion, according to Forbes.
Walmart founder Sam Walton’s oldest son is Rob Walton. When his father, Sam, died in 1992, Rob took over as chairman of Walmart. According to Forbes, he has amassed a net worth of just over $70 billion since then.
ClutchPoints has more here.
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