In a recent interview, Jeff Bezos said that he would only spend 2% of his fortune on owning the Denver Broncos. This is quite a contrast from the $2 billion he spent to buy the Washington Post in 2013 and is an example of how much more money can be made by investing in other industries.
Jeff Bezos, the CEO of Amazon and owner of The Washington Post, would only spend 2% of his nearly $200 billion fortune on ownership of the Denver Broncos.
In 2022, the Denver Broncos will have a new owner in one manner or another. Jeff Bezos, who has a strong reputation in the NFL world, has been mentioned as a possible replacement. Here’s all you need to know about the Broncos’ ownership.
Is it true that the Broncos are for sale?
To put it simply, the Broncos’ ownership situation is complicated. Pat Bowlen, the revered owner and manager of the Denver Broncos from 1984 until tragedy struck in the 2010s, was the former owner.
Bowlen revealed to the public in 2014 that he had Alzheimer’s disease and would have to step down from any leadership positions. As a result, the Broncos were put in a trust fund with the intention of passing ownership to one of Bowlen’s children. Bowlen succumbed to Alzheimer’s disease in 2019.
The Broncos haven’t had a genuine owner in the past seven years since being put in a trust. Joe Ellis, who has been serving as a de facto owner, is the trust’s executor. According to The Denver Post, there have been many litigation between Bowlen’s children and the trust, further complicating the issue.
All of that will come to an end soon, as Ellis said in an official Broncos news conference that “a transfer to ownership will take place next year before to the start of the season.”
Jeff Bezos is said to be interested in buying the Denver Broncos.
The Axel Springer Award 2018 is attended by Jeff Bezos. | Getty Images/Franziska Krug
The news of Ellis’ press conference has sparked wild conjecture about who will become the next owner of the Denver Broncos, with Jeff Bezos being the front-runner. The Broncos will most likely be worth $4 billion if they are sold, which is small change for the world’s wealthiest man, who has a net worth of over $200 billion, according to Forbes.
According to ProFootballTalk, Jay-Z has been mentioned as a potential purchase. While the rapper and entrepreneur is very wealthy, it is doubtful that he will be able to purchase the team completely. But, like Jon Bon Jovi with the Buffalo Bills, he has the potential to become a major shareholder in the team’s stock. Because there is such a dearth of variety among NFL owners, it may be prudent for the league to cater to Jay-Z.
Brittany Bowlen, the former owner’s daughter, is one potential candidate that should be given greater consideration. Bowlen has been a part of the Broncos’ operations since 2019, heading a number of different task groups. One of Bowlen’s obstacles to becoming the owner is that she will require the help of other trustees, i.e. her siblings. During the news conference, Ellis remarked, “I believe she’s got the ability to accomplish this, but we’ll have to see how it plays out.”
It won’t be known until the offseason how things turn out. Ellis has said many times that his primary emphasis for the next several months would be on the team. Before deciding on ownership, he wants to assist the Broncos reach the playoffs.
Other billionaires have shown interest in owning an NFL franchise.
It takes more than big money to become an NFL owner. Anyone looking to buy an NFL club must have the approval of the existing owners. They want individuals who are business-minded and not too contentious. Rush Limbaugh tried to buy the Rams, which resulted in a drama.
Despite the fact that Bezos has been chastised, he is not Rush Limbaugh. Amazon Prime was a pioneer in live-streaming NFL games, so he has good ties with the league. According to CNBC, Amazon seems to be becoming more engaged in NFL broadcasts.
However, the worth of any sports club is ultimately determined by fan participation. Will Jeff Bezos be welcomed in Broncos country? There will be no complaints from the supporters as long as the Broncos are winning.
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Jeff Bezos is the founder and CEO of Amazon. He has a net worth of $135 billion, which makes him the richest person in the world. Reference: how much is jeff bezos worth.
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