Bleacher Report · Jan 21, 2022
Report: Billionaire Robert F. Smith Emerging as Possible Bidder for Broncos
The Denver Broncos franchise is reportedly expected to be sold this offseason. If that does happen, a potential bidder has emerged.
According to Michael McCarthy and A.J. Perez of Front Office Sports, billionaire investor Robert F. Smith could possibly be among those looking to become the team's new owner. If Smith manages to complete the deal, he would be the first Black owner in the 101-year history of the NFL.
Smith has an estimated net worth of $6.7 billion and is ranked as the richest Black person in America, according to Forbes. The Broncos were valued at $3.75 billion last year by Forbes. A potential sale of $4 billion or more would be the richest team sale in U.S. sports history.
