Bloomberg Law
June 8, 2022, 5:36 PMUpdated: June 8, 2022, 9:59 PM

Hogan, Proskauer, Covington Lead Record-Setting Broncos Sale (1)

Brian Baxter
Brian Baxter

A trio of Big Law firms have landed lead roles on the nearly $5 billion sale of the NFL’s Denver Broncos announced Wednesday.

Hogan Lovells, Proskauer Rose, and Covington & Burling are advising separate clients on the transaction, while Sidley Austin represented a runner-up bidder, said two sources familiar with the matter.

The winning bidder for the Broncos, which went up for sale earlier this year, is a group led by billionaire S. Robson Walton, a lawyer and son of late Walmart Inc. founder Sam Walton. The NFL franchise is being sold by the Pat Bowlen Trust, named after ...

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