Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Wednesday, June 15, 2022

Peyton Manning contacted by all four Broncos bidders to gauge interest in possible role with team, per report, CBS Sports

BroncosThe bidding war over the Denver Broncos has come to an end with the Walton-Penner family entering into a purchase and sale agreement for $4.65 billion. The agreement is subject to approval from the NFL’s finance committee and league ownership.

The group of co-owners include Rob Walton, the former chair of Walmart who ran the company for two decades before retiring in 2015, his daughter Carrie Walton-Penner, and her husband, Greg Penner, who took over as chair after Walton’s retirement.

During the bidding process, former quarterback, Peyton Manning, was contacted by all four bidders regarding a possible role with the team. This might look like a minority partner or advisor. As of now, there is no word on Manning’s next move, however, it has been reported that Manning was closely watching the sale and in contact with the various groups.

For more Information:

See Tyler Sullivan, “Peyton Manning contacted by all four Broncos bidders to gauge interest in possible role with team, per report, CBS Sports,” June 6, 2022.

Special thanks to David S. Luber (Florida Probate Attorney) for bringing this article to my attention.

https://lawprofessors.typepad.com/trusts_estates_prof/2022/06/peyton-manning-contacted-by-all-four-broncos-bidders-to-gauge-interest-in-possible-role-with-team-pe.html

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