Walmart heir Rob Walton expected to purchase Broncos for record-setting $4.5 billion, per report

[Goodyear Card]

Walmart heir Rob Walton expected to purchase Broncos for record-setting $4.5 billion, per report

Rob Walton would be the richest owner in NFL history

www.cbssports.com

 

[Dback Jon]

So the Waltons now own all the Colorado Major League Sports except the Rockies plus the Rams.

 

[BurqueCardFan]

Wait, they own the Rams?
How is that possible. Can you have ownership stake in more than one NFL team?

 

[Totally_Red]

Stan kronke owns Rams.

 

[Dback Jon]

Wait, they own the Rams?
How is that possible. Can you have ownership stake in more than one NFL team?

Stan Kroenke owns the Rams. His wife Ann Walton Kroenke officially owns the Avalanche, Nuggets, Rapids, etc, but that is legal fiction.

So two different Waltons each own an NFL Franchise, one that happens to be in the same town as the other owns all the other major sports.

 

[TRW]

Must be nice to have money. Something I'll never know first hand. LOL

 

[Matt L]

Could they pivot to offer that money to the bidwills?

 

[SissyBoyFloyd]

Dang, they outbid me again. If prices go much higher, I will have to settle for some podunk minor league team in some hill billy town down south.

 

[TRW]

Could they pivot to offer that money to the bidwells?

The "bidwells" would take it for sure. The Bidwills....nah, never happen.

 

[QuebecCard]

Could they pivot to offer that money to the bidwells?

Sure, but if they want to buy the CARDS they'll have to deal with a family named: BIDWILL.

 

[Matt L]

Sure, but if they want to buy the CARDS they'll have to deal with a family named: BIDWILL.

Good point

 

[Matt L]

The "bidwells" would take it for sure. The Bidwills....nah, never happen.

One could dream

 

[Brian in Mesa]

Fans will enter the stadium through a Walmart store next season.

 

[football karma]

Could they pivot to offer that money to the bidwills?

there are four Bidwill kids IIRC

i suspect strongly that they have noticed the valuations of other NFL franchises and done the math

its a high end problem, but would you want $2-3mm per year every year, or, $800-900mm all at once?

 

[Dback Jon]

Fans will enter the stadium through a Walmart store next season.

The tickets sure as heck won’t be discount

 

[Dback Jon]

Fans will enter the stadium through a Walmart store next season.

Well that mean they’re only be one ticket Taker for the entire stadium?

 

[RON_IN_OC]

I just about peed my pants with this one.

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[dscher]

Must be nice to have money. Something I'll never know first hand. LOL

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[Cards Czar]

Fans will enter the stadium through a Walmart store next season.

Each security guard will have a Happy Face button on too. Welcome to Denvermart.

 

[TRW]

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Yep. I'm happy with what we got. It ain't much but it's enough.

 

[SissyBoyFloyd]

It's a shame all NFL teams aren't publicly owned through stocks owned by a team's fans. They should share in the profits as the stocks rise each decade. If that sounds like some form of socialism, well sign me up. Why in this country are millions allowed to become billionaires while the lower class are only allowed to become homeless.

Someone who knows economics and the stock market, do some quick calculations and tell us a scenario where if we bought stock in our NFL team 40 or 50 years ago what it might be worth today. Just a curious thought.

 

[cardsfanmd]

its a high end problem, but would you want $2-3mm per year every year, or, $800-900mm all at once?

Well… at annual installments of 3 mil, it would take 267 years to get to 800 mill so…..

 

[football karma]

Well… at annual installments of 3 mil, it would take 267 years to get to 800 mill so…..

yep

so i am curious if a couple of the family members have ever said to Mike: hey, buy us out at fair market value or sell the team

 

[nashman]

Well… at annual installments of 3 mil, it would take 267 years to get to 800 mill so…..

I’m sure Mikey is making more than 2-3 million a year let’s be serious! NFL owners make a fortune a lot more than a few million a year.

 

[nashman]

Read a report Wilson is looking for a 5 year deal with Denver for like 312 million lol. Wilson wasn’t worth that 10 years ago not sure what he is smoking thinking he should be paid more than any NFL player in history!