Sources said the Denver Broncos buying group is discussing an advisory role and ownership stake with Peyton Manning

Englewood, Colorado. The Walton-Benner Group that agreed to buy the Denver Broncos this week has contacted Hall of Fame quarterback Peyton Manning about a role in the organization that could eventually lead to a stake in the franchise, sources told ESPN Shifter Adams Thursday.

Shifter’s sources have told the group has reached out to Manning about an advisory role with the team that could lead to him joining the ownership group.

Manning was approached by multiple groups during the bidding process for the Bronco, sources told ESPN.

The Pat Bowlen Trust, which has run the Broncos since Bowlen walked away from day operations in 2014, announced Tuesday that a sale agreement has been reached with the Walton-Penner Group. The sale price was $4.65 billion, sources said, a record for a North American sports franchise.

Bowlen died in 2019, and the Pat Bowlen Trust put the team up for sale earlier this year after no agreement was reached as to which of Bowlen’s children would be the main owner.

Walton Benner’s group is led by Walmart heir Rob Walton, and includes his daughter Carrie Walton Benner. her husband, Greg Benner; and Melody Hobson, co-CEO of Ariel Investments as well as Chairman of the Board of Directors of Starbucks Corp. and Director of JP Morgan Chase.

The Penners are expected to have prominent roles in the team’s day-to-day operations, and Broncos CEO Joe Ellis has expressed the importance of the new owner being visible since the team officially went on sale February 1 in the community and understanding the Broncos’ standing in Denver, Colorado and the region.

Manning said in October he was approached by several investors who planned to bid for the Bronco but none of the discussions were “serious”.

“Obviously people are interested,” Manning said at the time. “They’re curious.” “I’m interested because I live here and go to matches, and I want to know what’s going to happen like everyone else. But I don’t have a relationship or agreement with anyone.”

At the time, Manning added, “Even if I was offered a chance, I haven’t decided whether to do it. I actually love what I’m doing now. I have to stay close to the game… .I’m just taking it all in one year at a time.” Every time. Next year, who knows how I’ll feel. … But I’ll always be a part of the Broncos, I’ll say who-that.”

Manning played four seasons with the Broncos (2012-15) after signing for free agency. With them, he won 45 regular season games and four AFC titles and went to the Super Bowl twice, winning the Super Bowl 50 in his last NFL game. Manning was honored in the 2021 Professional Football Hall of Fame category.

The Broncos have not made the playoffs since winning the Super Bowl.

The sale of the team is subject to review by the NFL Finance Committee and must be approved by the full vote of the NFL owners. Twenty-four yes votes are required to approve the sale.

Approval of the sale and closing of the transaction are expected to take 60 to 90 days. A source told Shifter on Tuesday that no cases were expected.

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