The Denver Broncos have agreed to sell the franchise to current Walmart heir Rob Walton and his family for a record-setting price tag.
In a statement, Broncos CEO and president Joe Ellis confirmed the sale agreement with Walton, 77, his daughter, Carrie Walton-Penner, and his son-in-law, Greg Penner.
“I have enjoyed getting to know Rob Walton, Carrie Walton-Penner and Greg Penner throughout this process,” Ellis said Tuesday. “Learning more about their background and vision for the Denver Broncos, I am confident that their leadership and support will help this team achieve great things on and off the field.”