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Old 02-11-2010, 05:47 AM   #1
tsiguy96
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Default uh oh: rumors fly that broncos are available for sale

http://profootballtalk.nbcsports.com...-for-purchase/

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The fact that the Rams have found a buyer reminded me of a rumor that snaked its way through the grapevine last week.

There's talk that the Denver Broncos could be available to be purchased from current owner Pat Bowlen.

And there's a connection between the Rams and the Broncos. If Shahid Khan will be buying not only the 60 percent of the Rams currently held by Chip Rosenbloom and Lucia Rodriguez but also the 40 percent owned by Stan Kroenke, Kroenke could couple the cash he gets from Shahid with a chunk of his wife's Wal-Mart money and purchase the Broncos.

Kroenke already owns the NHL's Colorado Avalanche and the NBA's Denver Nuggets. He reportedly was interested in acquiring controlling interest in the Rams, but the league's cross-ownership rules require teams in multiple leagues to be located in the same market.

We need to be clear on this one. We're not saying that the Broncos are for sale; we're saying that there's a rumor they're for sale. And we're speculating that Kroenke could be interested, especially if he's cashing out his chips in St. Louis.

eeeeeek
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Old 02-11-2010, 05:56 AM   #2
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interesting. The broncos are a "family" business and if the younger generation isn't that interested in running the team, then this about the age a Owner/Operator would start to look for new owner.
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Old 02-11-2010, 06:00 AM   #3
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interesting. The broncos are a "family" business and if the younger generation isn't that interested in running the team, then this about the age a Owner/Operator would start to look for new owner.
If Pat truly is looking to sell the team....there is only one reason.

$.
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Old 02-11-2010, 06:05 AM   #4
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my only fear with a new owner is getting one who doesnt treat a team like pat bowlen: provides the resources necessary without interfering in business. no snyder or jones please. a person who is interested in a championship first.
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Old 02-11-2010, 06:10 AM   #5
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If Pat truly is looking to sell the team....there is only one reason.

$.
That part of it, but Bowlen seemed to be worried about his legacy and in family business that means he looking to find the next generation of leadership for operation.
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Old 02-11-2010, 06:12 AM   #6
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It's time. I say make them public and make me chairman of the board.

My first act: A public hanging of Josh McDaniels.

Second act: trading for McNabb.

3rd act: Hire Dan Reeves as HC.
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Old 02-11-2010, 06:13 AM   #7
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Originally Posted by broncofan7 View Post
It's time. I say make them public and make me chairman of the board.

My first act: A public hanging of Josh McDaniels.

Second act: trading for McNabb.

3rd act: Hire Dan Reeves as HC.
hmm wonder why you are not a GM already?
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Old 02-11-2010, 06:15 AM   #8
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Originally Posted by broncofan7 View Post
It's time. I say make them public and make me chairman of the board.

My first act: A public hanging of Josh McDaniels.

Second act: trading for McNabb.

3rd act: Hire Dan Reeves as HC.
Drinking grain alcohol this early in the morning isn't encouraged.
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Old 02-11-2010, 06:15 AM   #9
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hmm wonder why you are not a GM already?
okay, how about a 'tar and feathering' of McDaniels instead?

It would be the biggest spectacle in sports since the disco records were burned in Comiskey 1979...
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Old 02-11-2010, 06:17 AM   #10
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i do hope that if bowlen is doing this because his family doesnt want the team, maybe its the best option so his family doesnt sell it to the highest bidder, but rather the best option.
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Old 02-11-2010, 06:18 AM   #11
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Drinking grain alcohol this early in the morning isn't encouraged.
No really, I am THAT good.
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Old 02-11-2010, 06:21 AM   #12
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Kroenke wouldn't be that bad, but I must say that after an initial spending spree with the Nuggets and Avs he has been operating with strict budgets the last couple years.
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Old 02-11-2010, 06:24 AM   #13
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Kroenke would be ideal if Mr Bowlen were to sell the team. I prefer Bowlen to continue as the owner, but Kroenke would give money and not interfere with the day to day operations.

And I think he's smart enough not to hire that moron BF7. Thank God.
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Old 02-11-2010, 06:29 AM   #14
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How sweet would it be if Elway bought the team.
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Old 02-11-2010, 06:31 AM   #15
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Originally Posted by broncofan7 View Post
It's time. I say make them public and make me chairman of the board.

My first act: A public hanging of Josh McDaniels.

Second act: trading for McNabb.

3rd act: Hire Dan Reeves as HC.
I remember my first beer...
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Old 02-11-2010, 06:38 AM   #16
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Yep had to look up B7's birthdate after calling for Reeves as the HC. Now I understand. Young and dumb during that time, older and dumb now.
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Old 02-11-2010, 06:41 AM   #17
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If Bowlen wanted to sell the team, he should of done us all of us a favor and himself and sold it in '07.

Now have lost all our coaches, the fan base is disilusioned, our draft was illconcieved, and the NFL is due a long, protracted labor struggle.
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Old 02-11-2010, 06:44 AM   #18
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Good luck to anyone trying to buy the Broncos. The legal bills for the due diligence alone would be more expensive than the team itself thanks to all of Pat's wheeling and dealing behind the scenes with his family members and family businesses with partial ownership, the never ending Kaiser litigation and Kaiser's permanent right of first refusal in any offer presented to any future owner. It's a freaking mess.
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Old 02-11-2010, 06:49 AM   #19
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Originally Posted by McMan-Goblin View Post
Kroenke wouldn't be that bad, but I must say that after an initial spending spree with the Nuggets and Avs he has been operating with strict budgets the last couple years.
The Nuggets just handed LA a beating at home last week. I dunno if Kobe played, or was hurt, but Kroenke is by far not a bad option.

And the Rockies were in the WS not too long ago.
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Old 02-11-2010, 06:51 AM   #20
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Bowlen's tax basis for the Broncos is arount 100million.
http://sportsillustrated.cnn.com/foo...os_lawsuit_ap/

If Bowlen dies this year, there is an agrument that his will bestows his property without any estate tax, because the Senate never got around to the bill. (no political comment)

If he dies in 2011 or later (unless tax rates are changed again) his estate would be taxed at about 55% of any amount above his basis plus two million which is exempted from inheritance tax.

Long term capital gains taxes are now 20% for an asset owned by a person not in the two bottom tax brackets. There is some thought that the dems want to increase that, but given the current political climate, that may not occur.

But you guys can do the math. The franchise is worth around 700 million according to Forbes.
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Old 02-11-2010, 06:54 AM   #21
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Originally Posted by Beantown Bronco View Post
Good luck to anyone trying to buy the Broncos. The legal bills for the due diligence alone would be more expensive than the team itself thanks to all of Pat's wheeling and dealing behind the scenes with his family members and family businesses with partial ownership, the never ending Kaiser litigation and Kaiser's permanent right of first refusal in any offer presented to any future owner. It's a freaking mess.
Indeed. The Kaiser isn't going to go away. This the last team I'd buy. I'd buy the Jags and move them to LA into that new venue..
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Old 02-11-2010, 07:01 AM   #22
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Florio might want to do just a tad bit more research into Kroenke's sports empire, the guy owns 29.9% of Arsenal (and the Rapids and Mammoth). If he gets to 30%, he must make an offer for the remaining 70% of the club. If he's selling his stake in the Rams and he wants to use the cash elsewhere, it's going to Arsenal.
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Old 02-11-2010, 07:02 AM   #23
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Quote:
Originally Posted by broncofan7 View Post
It's time. I say make them public and make me chairman of the board.

My first act: A public hanging of Josh McDaniels.

Second act: trading for McNabb.

3rd act: Hire Dan Reeves as HC.
Yep, we need old Dan Reeves running Winder or Wilhite up the middle for no gain on very freakin first down.. Thank God, Elway was the master at 2nd and long......
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Old 02-11-2010, 07:11 AM   #24
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There was talk last offseason that Ellis is working close with Bowlen to learn how to run a team. It was said he is looking to buy one in the future. The rumors that Bowlen is looking to sell the team were also floating around last year and there was speculation Ellis will be the next owner here. I know Ellis is related to Bush so he probably is in on that Bush oil money. I'm not sure if he is really rich or if any of this is true though. The fact that the rumors are constantly popping up may say something though.
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Old 02-11-2010, 07:14 AM   #25
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There was talk last offseason that Ellis is working close with Bowlen to learn how to run a team. It was said he is looking to buy one in the future. The rumors that Bowlen is looking to sell the team were also floating around last year and there was speculation Ellis will be the next owner here. I know Ellis is related to Bush so he probably is in on that Bush oil money. I'm not sure if he is really rich or if any of this is true though. The fact that the rumors are constantly popping up may say something though.
Which could explain why Ellis is the one that did second interview with McDaniels by himself.
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