Earlier this month, a group led by Walmart heir Rob Walton completed a $4.65 billion purchase of the Denver Broncos.
The team was put up for sale earlier this year, but Walton and his son-in-law, Greg Penner, had been eyeing them up for a decade. At the time, the team wasn’t for sale. There were opportunities to buy other sports teams over the last decade, but Walton and Penner remained focused on the Broncos.
