Report: Heir to Walmart fortune will win bid to buy Denver Broncos

A report out from Forbes on Monday showed that Rob Walton, an heir to the Walmart fortune, will win the bid to buy the Denver Broncos for about $4.5 billion.

The official announcement is expected as early as this month, Forbes said.

Last week, the Wall Street Journal reported that Walton sold a plot of land in Aspen for $30.8 million.

Forbes values the Broncos at $3.75 billion, but the NFL only requires owners to have a 30% controlling interest, which means the team’s primary buyer may only need to pay $1.12 billion of that $3.75 billion.

Things appear to be heating up when it comes to the sale of the Denver Broncos according to reports from Bloomberg News.

The team was formally put up for sale earlier this year, and while there have been several people who have expressed interest in owning the team this is the first time Bloomberg is reporting about an individual planning to buy the team rather than a group.

The bid reported by Bloomberg comes from Rob Walton, the son of Walmart founder Sam Walton. He is one of the richest people on Earth with a net worth of nearly $70 billion.

Things appear to be heating up when it comes to the sale of the Denver Broncos according to reports from Bloomberg News.

The team was formally put up for sale earlier this year, and while there have been several people who have expressed interest in owning the team this is the first time Bloomberg is reporting about an individual planning to buy the team rather than a group.

The bid reported by Bloomberg comes from Rob Walton, the son of Walmart founder Sam Walton. He is one of the richest people on Earth with a net worth of nearly $70 billion.

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