Broncos Welcome New Ownership After 38 Years
Historic Offseason Concludes with Walton-Penner Family Taking Reins
Rob Walton Assumes Ownership, Greg Penner Named CEO
For the first time in nearly four decades, the Denver Broncos have a new owner. Rob Walton, heir to the Walmart fortune, has completed the purchase of the team from the Bowlen family, ending a 38-year reign.
Walton, who leads the Walton-Penner Family Ownership group, brings a wealth of business experience to the Broncos. He is the former chairman of Walmart, the world's largest retailer. Greg Penner, Walton's son-in-law, has been named the team's CEO.
The Broncos have undergone a whirlwind offseason, marked by the firing of longtime head coach Vic Fangio, the hiring of Russell Wilson as quarterback, and now the ownership change. Penner, who previously served as president and COO of the San Francisco 49ers, is tasked with guiding the team through this transition.
The Broncos are coming off a disappointing 7-10 season, their worst since 2017. Fans are hopeful that the new ownership and coaching staff can turn things around and bring the team back to contention.
Conclusion: As the Broncos embark on a new era under Walton-Penner Family Ownership, fans can look forward to a fresh start and renewed optimism. With a new vision for the future, Walton and Penner hope to lead the Broncos back to Super Bowl glory.
Comments