Posted Thu Feb 11th by Ian Henson
PFT ran a story this morning pondering whether the Denver Broncos franchise was for sale by owner Pat Bowlen.
Citing rumors that had, “snaked around last week,” conveying Bowlen was, “looking to sell the Broncos,” PFT’s Mike Florio drew a connection between Denver and a potential full-owner of the St. Louis Rams- Shahid Khan.
Here it is broken down: If Khan were to not only purchase the 60% of the Rams currently owned by Lucia Rodriguez and Chip Rosenbloom, but also purchase the 40% owned by Stan Kroenke (owner of the Colorado Avalanche and the Denver Nuggets), then Kroenke could ideally flip that into a purchase of the Broncos as well.
To further solidify this hunch PFT points out that Kroenke was “reportedly 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.”
UPDATE: According to Bernie Miklasz of Stltoday.com the Rams will be sold to Shahid Khan.
UPDATE 2: Howard Blazer of Globe-Democrat reports that Kahn and his wife had an issue with the IRS as last as 2009. Allegedly the couple was sheltering millions of dollars from income tax. Though the couple has filed several law suits since 2009 claiming that they were misled by financial advisers. This likely will have at least minor implications in getting approval from 23 of the 32 NFL team owners who must vote on transferring ownership.
We at BroncoTalk want to point out that this is merely rumor, absolutely, but there is a decent connection there and we would have to drop the ‘talk’ portion of our site title if we weren’t to bring it up… However as with all things in Denver is this good for the Broncos or bad for the Broncos, nation?