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NFL Finance Committee Recommends Approval of Bid to Buy Broncos

The NFL announced its finance committee is recommending to approve the sale of the Broncos to the ownership group headlined by Rob Walton and Greg Penner. The next step lies in the hands of the 32 teams, who will vote on August 9 to make the sale official.

“The Finance Committee met today to review details of the proposed Denver transaction,” NFL spokesman Brian McCarthy said in a statement, via Mike Klis of 9News in Denver.

“The committee unanimously recommended the transaction for membership approval. The committee will make a report to all 32 clubs at the special league meeting on August 9.