Bloomberg Law
Dec. 2, 2021, 6:28 PM

Denver Broncos Spoke to Banks About Possible Sale, Sportico Says

Laura Curtis
Laura Curtis
Bloomberg News

A change in ownership for the Denver Broncos may be close, as representatives for the NFL team interviewed potential sell-side bankers last month, Sportico reports, citing multiple unidentified people familiar with the meetings.

The franchise is currently controlled by the trust of late owner Pat Bowlen, whose children each own about 11% of the team and disagree over who should control it and whether it should be sold. The team is also in a separate legal battle with former owner Edgar Kaiser’s estate, which claims it has rights to match any offer in the event team shares are sold. ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.