rest - https://www.denverbroncos.com/news/b...sale-agreementENGLEWOOD, Colo. — The Denver Broncos and the Walton-Penner family have entered into a purchase and sale agreement, it was jointly announced on Tuesday.
The purchase and sale agreement calls for the Walton-Penner family to acquire the Denver Broncos from the Pat Bowlen Trust. The agreement is subject to approval from the NFL's finance committee and league ownership as well as the satisfaction of customary closing procedures.
Please see below for statements from Broncos President & CEO Joe Ellis and Rob Walton on behalf of the Walton-Penner Family Ownership Group:
STATEMENT FROM BRONCOS PRESIDENT & CEO JOE ELLIS
"I have enjoyed getting to know Rob Walton, Carrie Walton Penner and Greg Penner throughout this process. Learning more about their background and vision for the Denver Broncos, I am confident that their leadership and support will help this team achieve great things on and off the field.