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USA Today Sports Media Group
USA Today Sports Media Group
Sport
Jon Heath

Pending new Broncos ownership group will include Mellody Hobson

Mellody Hobson Broncos Carrie Walton Penner Rob Walton Ariel Ariel Investments NFL

A group led by Walmart heir Rob Walton has agreed to buy the Denver Broncos for $4.65 billion, pending NFL approval.

Walton will be the majority owner. His daughter, Carrie Walton Penner, and his son-in-law, Greg Penner, will become minority owners.

The Walton-Penner group announced Tuesday evening that Ariel Investments co-CEO Mellody Hobson will also be joining ownership.

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