The Denver Broncos are going to be sold for $4.75 billion. There is a 0:23
According to sources, the group that agreed to buy the Broncos has reached out to Manning about a role in the organization that could lead to an equity stake in the team.
According to sources, the group reached out to Manning about an advisory role with the team that would lead to his joining the ownership group.
Multiple groups inquired about Manning during the bidding process to acquire the Broncos, according to sources.
The Pat Bowlen Trust, which has operated the Broncos since Bowlen stepped away from day-to-day operations in 2014, announced Tuesday that it had reached an agreement to sell the team. The price was a record for a North American sports team.
The Pat Bowlen Trust put the team up for sale after they couldn't agree on which of Bowlen's children would be the principal owner.
Rob Walton is the leader of the group, which also includes his daughter, Carrie Penner, her husband, Greg Penner, and a director at JP Morgan.
The new owner of the Broncos should be visible in the community and understand the Broncos' place since they were put up for sale.
Manning said in October that he had been contacted by several investors who were interested in buying the Broncos, but that none of the talks were serious.
The people are interested. Manning said they were curious. I care because I live here and I go to the games and I want to know what happens. I don't have an agreement with anyone.
Manning said at the time that he hadn't decided if he'd do it. I enjoy what I'm doing now. I get to watch the game closely. Everything is on a one-year-at-a-time basis. I don't know how I will feel next year. I will always be a part of the Broncos, that's for sure.
Manning spent four years with the Broncos after signing in free agency. He went to two Super Bowls with them, winning Super Bowl 50 in his last game. Manning was a member of the class of 2021.
Since winning the Super Bowl, the Broncos have not made the playoffs.
The sale of the team must be approved by a majority of the owners of the league. The sale needs at least twenty-four yes votes to be approved.
It will take up to 90 days for the sale to be approved and the deal to close. According to a source, there will be no issues.
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