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Old 12-27-2012, 04:50 PM   #28
DomCasual
This one's for Pat!
 
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Join Date: Nov 2004
Location: SLC, UT
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Adopt-a-Bronco:
Pat Bowlen
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Quote:
Originally Posted by extralife View Post
it would cost a minimum of one billion dollars to purchase the Broncos. Elway is not a billionaire. he would need a group of random, faceless investors to front most of the cash.
The headlines all over the sports world this spring were, "Magic Johnson buys the Dodgers!"

The sale price ended up being a little over $2 billion. As it turns out, Magic Johnson wrote a check for $50 million of that.

If Elway wanted to buy the Broncos, I guarantee you he would be able to put together the investors. And what's more, I would be really surprised if they were unwilling to let him take over the roll of CEO. His roll would then be similar to the one Al Davis had with the Raiders over the past four decades.
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