ENGLEWOOD, Colo. (AP) — The Waltons, heirs to the Walmart fortune and America’s richest family, have won the bidding to purchase the Denver Broncos in the most expensive deal for a sports franchise anywhere in the world. Advertisement“I have enjoyed getting to know Rob Walton, Carrie Walton Penner and Greg Penner throughout this process,” Ellis said. Our enthusiasm has only grown as we’ve learned more about the team, staff and Broncos Country over the last few months,” Walton added. We know she will bring her strategic acumen and leadership perspective to our team,” Walton said. He is the eldest son of founder Sam Walton and Helen Walton and has an estimated net worth of nearly $60 billion.
Related:DEADSPIN - It looks like the NFL is getting a new owner — Rob Walton, another white guy
According to multiple reports, Rob Walton — the son of Walmart founder Sam Walton, and estimated to be worth around $59.2 billion — is all set to drop $4.5 billion on the Denver Broncos. The Arkansas resident gives the NFL yet another absurdly old rich white dude from a red state. His net worth is estimated at $6.7 billion, which is higher than that of Colts’ owner Jim Irsay and Eagles’ owner Jeff Lurie. The heir to Walmart is about to become the newest owner in the NFL. And when you think about that and all it entails, it becomes pretty clear why the league has never had a Black owner.NBA - Legends profile: Bill Walton
> Archive 75: Bill Walton | 75 Stories: Bill WaltonThough remembered by many for a career plagued by injuries and a personal life spiced by controversy, Bill Walton won high praise from players and coaches alike during his checkered career. Before playing a single minute in the NBA, Walton knew the pains on injuries. During his first two years in Portland, Walton had sprained an ankle, broken his left wrist twice and dislocated two toes and two fingers. I’d never had a player say anything like that to me before.” But he had never coached Bill Walton. Walton played in 55 games in 1983-84 and 67 in 1984-85, while the Clippers won 30 and 31 games, respectively.CBS SPORTS - Broncos winning bid: Walmart heir Rob Walton set to purchase Denver's NFL team for record-setting price
"I have enjoyed getting to know Rob Walton, Carrie Walton Penner and Greg Penner throughout this process," Ellis said in a statement on Tuesday night. "We are thrilled to be selected to move forward with the purchase of the Denver Broncos," Walton said in a statement. After the Broncos announced in February that the team was going to be sold, Walton almost immediately emerged as one of the front-runners to purchase the franchise. Walton, who is the son of Walmart founder Sam Walton, has an estimated net worth of $65 billion. As for Walton, although he'll be the first Walmart heir to own a team, he won't be the first with ties to NFL ownership.FOX SPORTS - Walton-Penner group agrees to purchase Denver Broncos
National Football League Walton-Penner group agrees to purchase Denver Broncos 10 hours ago share facebook twitter reddit linkThe Walton family has won the bidding to purchase the Denver Broncos in the most expensive deal for a sports franchise anywhere in the world. "Learning more about their background and vision for the Denver Broncos, I am confident that their leadership and support will help this team achieve great things on and off the field." Rob Walton said in a statement, "We are thrilled to be selected to move forward with the purchase of the Denver Broncos! We know she will bring her strategic acumen and leadership perspective to our team," Walton said. Get more from National Football League Follow your favorites to get information about games, news and more.