NFL News

Walmart heir Rob Walton expected to submit $4 billion bid for Denver Broncos, per report

In early February, the Pat Bowlen Trust announced that it was putting the Denver Broncos up for sale, signaling the end of the 38-year ownership tenure for the Bowlen family. On Friday, the New York Post reported that Rob Walton, son of Helen and Sam Walton and heir to their Walmart fortune, is expected to submit a $4 billion bid for the team. 

Walton, with a net worth of nearly $70 billion, would presumably be able to purchase the team without any other partners, but would also be subject to the standard vetting process prospective NFL owners undergo. If accepted, the $4 billion price tag would easily be the record price for the sale an American professional sports franchise. David Tepper paid $2.2 billion for the Carolina Panthers in 2018,…

Click Here to Read the Full Original Article at CBSSports.com Headlines…