There are three changes that could turn the fortunes of the Denver Broncos around.
The impact of these developments could bring them back to the playoffs for the first time since winning Super Bowl 50.
First, they brought in former Green Bay Packers offensive coordinator Nathaniel Hackett as their head coach.
Second, they traded for Pro Bowl quarterback Russell Wilson to lead their offense.
Finally, the team now has a new owner after paying a hefty sum for the franchise.
The Denver Broncos have officially sold for $4.65B to Walmart heir Rob Walton and the Walton-Penner Family Ownership Group, making this the most money ever paid for a U.S. sports team
Walton will be the richest NFL owner with a net worth of over $59B, per @Forbes pic.twitter.com/GqSMWbwI3F
— Bleacher Report (@BleacherReport) August 9, 2022
Bleacher Report tweeted, “The Denver Broncos have officially sold for $4.65B to Walmart heir Rob Walton and the Walton-Penner Family Ownership Group, making this the most money ever paid for a U.S. sports team. Walton will be the richest NFL owner with a net worth of over $59B, per @Forbes.”
The Walton family adds the Broncos to the portfolio of sports teams they own, including the Colorado Avalanche, Denver Nuggets, and Colorado Rapids, to name a few.
Meanwhile, the purchase price trumps the $2.4 billion Steve Cohen paid to acquire the New York Mets.
The Broncos’ purchase is way more expensive than the $2.275 billion shelled out by David Tepper to buy the Carolina Panthers.
The Broncos are also the third NFL franchise that had a selling price of over $1 billion after the Panthers and the Buffalo Bills.
Broncos Increased In Valuation
The $4.65 billion sale price makes the Broncos the tenth most valuable franchise in the National Football League.
The Dallas Cowboys tops the list at $7.64 billion while the Los Angeles Rams are second at $5.91 billion.
Coming in at third are the New England Patriots at $5.88 billion while the New York Giants are fourth at $5.73 billion.
Completing the top five are the San Francisco 49ers at $5.18 billion.
Also in the top ten are the Chicago Bears ($5 billion), New York Jets ($4.8 billion), Washington Commanders ($4.7 billion), and Philadelphia Eagles ($4.7 billion).NEXT: Broncos HC Comments On Tim Patrick's Awful Injury