The final bids for the Denver Broncos were due Monday by 3pm and the rumored favorite to win is none other than Walmart’s Rob Walton. According to Forbes, the winning bid will end up around $4.5 billion.
Rob Walton, an heir to the Walmart fortune, will win the bidding for the Denver Broncos at about $4.5 billion, several sports bankers told Forbes. Walton’s ownership team also includes his daughter Carrie and her husband, Greg Penner. The winning bid is expected to be announced as early as this month.
While the headline suggested the winning bid was his, the meat of the article left open the chances of another group succeeding in the takeover.