Associated Press
Englewood, Colo. — The Waltons, heirs to the Walmart fortune and America’s richest family, have won the bidding to purchase the Denver Broncos in the most expensive deal for a sports franchise anywhere in the world.
The Broncos announced late Tuesday night they had entered into a sale agreement with the Walton-Penner ownership group led by Rob Walton, his daughter, Carrie Walton Penner, and her husband, Greg Penner.
Terms of the sale weren’t disclosed, but KUSA-TV in Denver reported it was for $4.