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Broncos president/CEO Joe Ellis: New owner by start of regular season remains realistic

PALM BEACH, Fla. — As the Broncos near the two-month mark of being for sale, president/CEO Joe Ellis remains confident the initial target of a new owner taking over by early September can be achieved.

“I really believe we can have a new owner in place by that time,” Ellis said Monday at the NFL’s Annual Meeting. “Don’t hold that to me as a guarantee, but I do think that’s a realistic timetable.”

Thirty-eight years after Pat Bowlen and his one sister and two brothers bought a majority interest in the Broncos for $78 million, the team is expected to easily eclipse the current U.