Denver Broncos Spoke to Banks About Possible Sale, Sportico Says

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. ...