Philadelphia 76ers and New Jersey Devils governor Josh Harris was reportedly willing to pay $5 billion for the NFL's Denver Broncos had he been granted assurance that it would have been the winning bid.
According to Pro Football Talk's Mike Florio, Harris didn't get that assurance and ultimately didn't bid $5 billion out of fear that the Walton-Penner group would surpass his bid and drive the price up.
Harris reportedly decided against that since he has plans to buy a different NFL franchise in the future and didn't want to inflate the price by bidding too high on the Broncos.