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Broncos’ New Era: Sale agreement in place, Rob Walton and Co., have two remaining steps in transition

The Broncos are two short steps away from introducing a new era led by Walmart heir Rob Walton and his son-in-law, Greg Penner. The Walton-Penner Ownership Group entered a purchase/sale agreement with the Broncos late Tuesday night for $4.65 billion, the largest amount ever paid to acquire a sports franchise.

Next up is a meeting with the NFL’s Finance Committee, chaired by Kansas City’s Clark Hunt . . .