Denver Broncos Could Be The First NFL Team With A Black Owner: Report
By Cherranda Smith
January 21, 2022
The Denver Broncos might make history as the first NFL team to have a Black owner.
Rumors are swirling that billionaire investor Robert Smith and hip-hop mogul JAY-Z have expressed interest in owning the team if it hits the market.
The Denver Gazette reported there are six groups looking to take over ownership of the three-time Super Bowl champion team, including former NFL star quarterbacks Peyton Manning and John Elway and Amazon founder Jeff Bezos.
Brittany Bowlen, a daughter of the late Broncos owner Pat Bowlen is also ready to place a bid on the team, Front Office Sports reported.
The purchase would be personal for Smith, who grew up in Denver. A recent evaluation of Smith's assets puts him at a net worth of $6.7 billion, which surpasses some NFL team's entire finances, meaning he could very easily place a bid on the franchise.
NEWS: Billionaire Robert F. Smith has emerged as a potential bidder for the Denver Broncos.
— Front Office Sports (@FOS) January 21, 2022
The Denver native is one of the country's richest individuals and could become the NFL's first Black majority owner.
STORY from @byajperez and @MMcCarthyREV ⤵️
You might recall that Robert Smith made headlines in 2019, after announcing that he'd pay off the student loans of the entire graduating class at Morehouse College during a commencement speech that year. The surprise $34 million pledge brought national recognition to the Vista Equity Partners founder and CEO.
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