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Old 03-25-2009, 03:46 PM   #1
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Default Pat Bowlen Appreciation Thread: 25 Years

http://www.examiner.com/x-2549-Denve...-Broncos-owner

Lost on the shuffle of the Jay Cutler-Josh McDaniels argument-turned-feud-turned-rift-turned-debacle, etc., was that Pat Bowlen passed a tremendous milestone on Monday.
March 23 was Bowlen's 25th anniversary as owner of the Denver Broncos after he bought the team from Edgar Kaiser in 1984.
"Do I get a gold watch?" Bowlen asked with a laugh at the NFL neetings in California.
Instead Bowlen gets a quarterback controversy and a large bottle of Advil,
The best day of Bowlen's 25 years as Broncos owner?
"That's easy: Super Bowl XXXII," Bowlen said, describing the team's first NFL title (remember "This one's for John?"). "Winning that game in San Diego after losing three (Super Bowls) it was by far my biggest thrill."
The two toughest ordeals did not include the Cutler-McDaniels fiasco. The first was the first Super Bowl loss, XXI to the New York Giants. Phil Simms, father of current Broncos quarterback Chris Simms, completed 22-of-25 passes to beat Denver. And the second was the fatal shooting of cornerback Darrent Williams.
"Darrent Williams was certainly one of the worst things I've ever had to go through as Broncos owner, as a human being," Bowlen said.












"...he's the best owner in sports."
-Mike Shanahan
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Old 03-25-2009, 03:51 PM   #2
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Thank you, Mr. Bowlen.

You have done your best to provide this sports town with the best team it can get for 25 years strong.

I salute you and all of your efforts.
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Old 03-25-2009, 03:51 PM   #3
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I grew up in St. Louis, and saw first-hand as a very young kid what poor ownership looked like. (Bidwell) The Big Red had marginal talent, and were lucky to have what they did. Bidwell was notorious for not putting the dollars forth to give the fans a decent product. I latched onto the Broncos in the Orange Crush era, as the Big Read was already known to be headed out of town. Bowlen came along in the early 80s.

From that point on, you saw a concerted effort from the franchise to remain competitive, which ramped up in the 90s, of course. I don't think most fans around here understand what it's like to root for a football team with shoddy ownership.

Props to Pat for keeping the franchise somewhere between competitive and elite for most of his ownership.
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Old 03-25-2009, 03:52 PM   #4
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Still one of the best owners around despite some of the ridiculous comments on here recently.
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Old 03-25-2009, 03:56 PM   #5
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Bring it back, Pat. Just for the anniversary season.
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Old 03-25-2009, 03:58 PM   #6
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Cool little write-up from MHR...

Most of us can agree that Pat Bowlen has been one of the best owners in the National Football League. We have been blessed as Bronco fans to have such an active, yet non-intrusive CEO.

However, we came real close to losing Mr. Bowlen in favor of the return of a former owner who nearly bankrupt the franchise in just two years of running the team.

To really understand what happened and why, we have to go all the way back to 1981. I was just learning to pee in the bowl at that point. This was the year that a man named Edgar F. Kaiser, Jr. purchased the Denver Broncos for a paltry $30 million. Amazingly, he only had to pay $8 million up front. The rest was to be paid over time at 12% interest. Unfortunately for Kaiser, the franchise posted a $1 million loss in his first season as an owner. Then in 1982 came the NFL Players strike that seriously put Kaiser and the Broncos in financial peril.

Even after posting a $6 million profit in 1983 and also selling his Minority Interest in the team to Bob Adams, a long time friend of Dan Reeves, for another $10 million, the Broncos were nearing bankruptcy. Enter Pat Bowlen, who was as desperate to own a professional franchise as Kaiser was to sell his own. A determined Bowlen offered Kaiser an NFL record $51 million(which included assumption of $25 million in debt!) for Majority Interest in the team. To top that off, Bob Adams then demanded to be bought out at the same share price which cost Bowlen an additional $20 million.

The amazing thing to me is that Kaiser was $25 million in debt even after posting a $6 million profit and selling $10 million for Minority Interest. I wish I knew what the hell he was doing and how he ever became a millionaire in the first place(I checked the latter, he is a trust fund baby).

After paying the hefty sum of $71 million to become an owner in the NFL, Bowlen's family businesses began to falter somewhat in the late 80's. This forced Bowlen to transfer ownership of the Broncos into various family owned corporations. The list is too long to mention, but by 1998 this is how the Broncos corporate structure looked:



"(1)The Broncos franchise and assets related to the team were owned entirely by the Partnership; (2) The Majority Interest of the Partnership was owned by Texas Northern Products; (3) the Minority Interest in the Partnership, which was acquired from Bob Adams, was owned by P.D.B. Enterprises, which was owned entirely by Texas Northern; (4) Texas Northern was entirely owned by Hambledon Sports."Source

Prior to the 1998 season, Bowlen offered John Elway a deeply discounted deal to buy 20% of ownership of Texas Northern. Elway never accepted the offer, but Edgar Kaiser filed suit over the proposed deal anyway. The battle was on.

When Kaiser had sold the Broncos to Bowlen, he included a special clause called "right of first refusal" which gave Kaiser the right to repurchase any part of the Denver Broncos franchise that Bowlen offered to sell to a third party on the same terms. In order to save us all from the legalise required to explain all this, it basically comes down to the fact that Kaiser wanted to purchase a Minority Interest of the Broncos for the exact price Bowlen had offered it to Elway.

It wasn't clear cut, however, as Bowlen had been transferring ownership of the Broncos between various corporations since he took over the team in 1983. Any one of those previous moves could have been found in violation of the original special clause.

At stake in this court battle wasn't just the ownership of the Denver Broncos, but also a large percentage of the profits earned since Pat Bowlen purchased the team. He stood to lose hundreds of millions of dollars if he lost his case against Kaiser. How this man was able to continue running a successful franchise from 1998 to 2006 is beyond me!

Fortunately for us, the courts decided that Pat Bowlen had offered Elway shares in Texas Northern. The text of the original agreement specifically gave Kaiser a right of first refusal over only the Broncos franchise and the Majority Interest. As stated earlier, Texas Northern owns the Minority Interest. Bowlen won his case through(what I believe to be) blind chance. Had he offered Elway a stake in any other portion of the team, we could very well have had a forced change in ownership.

In any event, we should count our lucky stars to still have the great owner we have. I can't imagine having anyone else in charge of our franchise. Especially after studying how "well" Kaiser ran this organization. Heck, if Bowlen had lost and Kaiser took over back in 2006, we could be looking at financial insolvency right now!
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Old 03-25-2009, 03:59 PM   #7
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About time Popps.

This one's for Pat!
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Old 03-25-2009, 04:00 PM   #8
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I Appreciate Pat Bowlen for everything hes done for our team and the city ( hats off to pat) hes earned it.
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Old 03-25-2009, 04:00 PM   #9
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He's a good owner. He's just making some terrible decisions lately.
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Old 03-25-2009, 04:01 PM   #10
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We're fortunate to have Bowlen as an owner here in Denver. He is well known around the league as one of the best.

It's sad how many on the Mane want to describe the man in such negative and derogatory terms.

Those people will never get close to his achievements, or do a fraction of the good works he and the Broncos have done in the community.
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Old 03-25-2009, 04:02 PM   #11
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Supporting Bowlen is a no brainer.
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Old 03-25-2009, 04:03 PM   #12
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He's a good owner. He's just making some terrible decisions lately.
We shall see.

The best decisions aren't always popular.
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Old 03-25-2009, 04:06 PM   #13
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We shall see.

The best decisions aren't always popular.


You're right about that. But in the meantime, he's been a good owner, whether I agree with his decision-making or not. I hope that his recent moves do not hurt his HOF bid like I think they will. For what he's done for the city and the league, he probably deserves to be there.
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Old 03-25-2009, 04:07 PM   #14
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He's a good owner. He's just making some terrible decisions lately.
why dont you wait to see how they turn out before crying about them.
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Old 03-25-2009, 04:09 PM   #15
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Thanks Pat. 25 years and 5 SB trips can't be wrong.
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Old 03-25-2009, 04:25 PM   #16
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Yes, one of the very best owners in sports, bar none. Now if he'd only bring back the orange and get rid of the arena team look.....
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Old 03-25-2009, 04:29 PM   #17
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Yes, one of the very best owners in sports, bar none. Now if he'd only bring back the orange and get rid of the arena team look.....
Seriously. I'd love to see our look updated with more original colors. Even if it's a different orange with a throw-back feel.

I never understand these things. I'm convinced that fans would buy the **** of out of a uniform refresh. Seems like easy money. I'd update all of my stuff.
This armpit swoosh thing is going on 11 years old, and wasn't stellar to begin with.

Our alternate jersey is fantastic. That should be our home jersey.
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Old 03-25-2009, 04:31 PM   #18
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Seriously. I'd love to see our look updated with more original colors. Even if it's a different orange with a throw-back feel.

I never understand these things. I'm convinced that fans would buy the **** of out of a uniform refresh. Seems like easy money. I'd update all of my stuff.
This armpit swoosh thing is going on 11 years old, and wasn't stellar to begin with.

Our alternate jersey is fantastic. That should be our home jersey.
Personally, I was hoping for it...you know, new coach, new beginning and all that, must be sales haven't stagnated enough for it to be under consideration yet.
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Old 03-25-2009, 04:35 PM   #19
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Quote:
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Seriously. I'd love to see our look updated with more original colors. Even if it's a different orange with a throw-back feel.

I never understand these things. I'm convinced that fans would buy the **** of out of a uniform refresh. Seems like easy money. I'd update all of my stuff.
This armpit swoosh thing is going on 11 years old, and wasn't stellar to begin with.

Our alternate jersey is fantastic. That should be our home jersey.

I was hardcore against the new uniforms when we got them.
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Old 03-25-2009, 04:35 PM   #20
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Personally, I was hoping for it...you know, new coach, new beginning and all that, must be sales haven't stagnated enough for it to be under consideration yet.
I guess that has to be it. I also don't know if the NFL has a time-limit on uniform refreshes.

I'd love to see it happen.

These look so much better...

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Old 03-25-2009, 04:35 PM   #21
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I was hardcore against the new uniforms when we got them.
Me too, but softened my stance after we won a SB.
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Old 03-25-2009, 04:37 PM   #22
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I guess that has to be it. I also don't know if the NFL has a time-limit on uniform refreshes.

I'd love to see it happen.

These look so much better...


I really thought the orange really helped elway find his recievers down field.
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Old 03-25-2009, 04:38 PM   #23
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Me too, but softened my stance after we won a SB.
I still add to my supply of old school stuff at goodwill it's a treasure trove of old school bronco stuff.
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Old 03-25-2009, 04:40 PM   #24
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I still add to my supply of old school stuff at goodwill it's a treasure trove of old school bronco stuff.
When I was in Denver last, my beautiful wife was patient enough to drive all over town with me, going to goodwill stores. Meck hooked me up with a list. I scored nicely.

I'm the same way. Always trying to reload on all of the old-school gear. It'll run out, some day.
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Old 03-25-2009, 05:38 PM   #25
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You're right about that. But in the meantime, he's been a good owner, whether I agree with his decision-making or not. I hope that his recent moves do not hurt his HOF bid like I think they will. For what he's done for the city and the league, he probably deserves to be there.
You always have to line your comments with a "But". All you had to do was say "He's been a great owner"

But you always have to but you out bail-out clause in your statements.

Bowlen is a top 5 owner in the NFL.
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