The Latest Breaking News from Denver Broncos

The Denver Broncos are breaking records this week off the football field. The National Football League franchise is being sold to an ownership group that includes Rob Walton, one of the heirs of Walmart Inc.

"Having lived and worked in Colorado, we’ve always admired the Broncos. Our enthusiasm has only grown as we’ve learned more about the team, staff and Broncos Country over the last few months."

"I am confident that their leadership and support will help this team achieve great things on and off the field," Joe Ellis said of the new Walton-Penner ownership group.

Thanks, Hank Scorpio!

CNBC

Rob Walton, one of the heirs of Walmart Inc (NYSE:WMT) fortune, has agreed to acquire the American football franchise, Denver Broncos. The deal was sealed for $4.65 billion, the Wall Street Journal reported. The purchase and sale agreement calls for the Walton-Penner family to acquire the Denver Broncos from the Pat Bowlen Trust. The report…

The price tag far surpasses the $3.1 billion sale last month of Chelsea FC, one of Europe’s premier soccer clubs.

Walton-Penner family to buy Denver Broncos from Pat Bowlen Trust

Todd Boehly's consortium completed a record-breaking takeover of Chelsea in May... yet that record is on the verge of being smashed by the richest family in America

"I’m just better with my time now and know how to manage things like that,” Broncos RB Javonte Williams said of his off-field obligations entering Year 2.

“It’s been very competitive so far," Broncos CB Pat Surtain said of the team's OTAs. "Iron sharpens iron."