Broncos announce sale to Walton-Penner group for $4.65 billion

Broncos announce sale to Walton-Penner group for $4.65 billion

The Walmart family is officially taking over the Denver Broncos.

The Broncos entered into a sale agreement with the Walton-Penner family ownership group, the franchise announced Tuesday night. 9News’ Mike Klis reported that the deal was for $4.65 billion, a record for an American sports team.

“I have enjoyed getting to know Rob Walton, Carrie Walton Penner and Greg Penner throughout this process,” Broncos president and CEO Joe Ellis said in a statement, in part. “Learning more about…


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