The sale of the Denver Broncos is heating up with Walmart co-owner Rob Walton intending to submit a bid of more than $4 billion on Friday, according to a report from the New York Post. The bid would instantly make him a major contender to purchase the franchise and become the next owner of the Broncos.
Walton — worth more than $70 billion, according to Forbes — is expected to submit a Broncos bid on Friday worth more than $4 billion — the highest price ever paid for a professional sports team, according to sources close to the situation.