Broncos To Be Sold For This Staggering Amount

BYAlexander Cole3.3K Views
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Russell Wilson

The Denver Broncos are about to be sold.

For the last year or so, it has been common knowledge that the Denver Broncos would eventually be sold. The current ownership group is looking to pass things off to someone new and there has been a ton of interest from various parties. After all, the Broncos are a historic team and anyone would want to get in on the NFL where franchises continue to go up in value.

Kanye West and Antonio Brown seemed interested in the team but it looks like they lost out. In a new report from Forbes, it was revealed that billionaire Walmart heir Rob Walton will get the team with a winning bid of $4.5 billion, which is a pretty large amount all things considered.

Broncos To Be Sold For This Staggering Amount
Justin Edmonds/Getty Images

Reporters like Adam Schefter are claiming that the Forbes report is actually quite premature. It is being said that there is still a second round of bids that need to be dealt with first and that no frontrunner has been crowned just yet. These conflicting reports are quite interesting, however, it could just be that the Broncos want to control the narrative as they have a lot riding on this sale.



This is still a developing story so stay tuned to HNHH for all of the latest news and updates from around the NFL world.

[Via]


About The Author
Alexander Cole is the current Managing Editor of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. During this time, he has shown an expertise in Air Jordans, Yeezys, and all things that have to do with Nike. His favorite kicks are the Air Jordan 1 High OG, the Air Jordan 4, the Air Jordan 6, and the Adidas Yeezy Boost 350 V2 in the "Beluga 2.0" colorway. Although his collection might not be the biggest, he is always looking to add new styles to it. When it comes to sports, Alex has a particular interest in the NBA and the NFL. His favorite teams are anywhere LeBron goes, and the Kansas City Chiefs. As a Montrealer, the Montreal Canadiens hold a special place in his heart, even if they haven't won the Stanley Cup in his lifetime. Alex also works for the Concordia Stingers, where he provides play-by-play and color commentary for the football, hockey, and basketball teams His favorite hip-hop artists are Kendrick Lamar, Playboi Carti, Travis Scott, and Lil Uzi Vert.