Butterfly Latest
Mellody Hobson, a Black woman, joins Broncos ownership group
by Fred Jeter via https://richmondfreepress.com/
The Waltons, heirs to the Walmart fortune and America’s richest family, have won the bidding to purchase the Denver Broncos in the most expensive deal for a sports franchise anywhere in the world.
The Broncos recently reported they entered into a sale agreement with the Walton-Penner ownership group led by Rob Walton, his daughter, Carrie Walton Penner, and her husband, Greg Penner.
Rob Walton said in a statement, “We are thrilled to be selected to move forward with the purchase of the Denver Broncos! Carrie, Greg and I are inspired by the opportunity to steward this great organization in a vibrant community full of opportunity and passionate fans.”
Walton also said Mellody Hobson, co-CEO of Ariel Investments, chairwoman of Starbucks and a director of JPMorgan Chase, will join the…