Denver district judge Shelley L. Gilman ruled on Tuesday that the heirs of former Broncos owner Edward Kaiser Jr. cannot buy back any of the franchise, clearing the path for the possible sale of the team.
A holding group that represents his estate petitioned, saying they had the right of refusal to any sale of the Broncos and highlighting when Kaiser sold it to Pat Bowlen in 1984. Kaiser died in 2012 and Bowlen died seven years later.
The judge determined that Kaiser’s heirs had no claim and the right of first refusal mentioned in the former agreement was not enforceable or valid.