The Denver Broncos look set to break the record as the most expensive American sports franchise and the family behind Walmart are one step away from the purchase
Walmart heir Rob Walton and his family have entered into a purchase and sale agreement for the takeover of the Denver Broncos.
The bid is reportedly worth 4.65 billion US and would more than double the most recent sale of an NFL team, with the Carolina Panthers sold for $2.28 billion in 2018.
Forbes notes that 77-year-old Walton is the 19th-richest person in the world, worth $65 billion.
It’s an interesting time for the Broncos after they signed quarterback and veteran Russell Wilson from the Seattle Seahawks.
The 33-year old has already formed a relationship with former Denver legend Peyton Manning, who helped win their last Super Bowl in 2016.
