The upcoming sale of the Denver Broncos is already projected to be a record-breaking deal for an NFL franchise given the rise of valuations in recent years. David Tepper set the mark when he bought the Carolina Panthers for $2.275 billion in 2018, but early guesses put Denver in the $4 billion ballpark.
Now it turns out that number won't even be enough.
Broncos Sale Value
Following Rob Walton's visit on Monday, Mike Florio of Pro Football Talk gave insight into the pursuit of the Broncos. Florio reports, from a source, the final price of the sale "is now expected to be north of $5 billion."
It's clear the race to purchase the franchise is heating up. Philadelphia 76ers co-owner Josh Harris recently joined forces with NBA legend Magic Johnson to beef up his group's pitch.
Walton, the heir of the WalMart empire, has been regarded as the early frontrunner to buy the Broncos. His net worth clocks in at a whopping $69.5 billion, which would make him the richest owner in the NFL.
It's safe to say a bidding war is brewing as eager prospective buyers aim to seal the deal ahead of the 2022 season.
Isaiah De Los Santos is not a FanDuel employee. In addition to providing DFS gameplay advice, Isaiah De Los Santos also participates in DFS contests on FanDuel using his personal account, username zayyy05328. While the strategies and player selections recommended in his articles are his personal views, he may deploy different strategies and player selections when entering contests with his personal account. The views expressed in their articles are the author's alone and do not necessarily reflect the views of FanDuel.