NFL owners approve new Broncos ownership group

·1 min read

It’s finally official.

NFL owners met on Thursday to vote on the Denver Broncos’ new ownership group and — as expected — the group has been approved, unanimously.

Rob Walton is the group’s leader and he will become the team’s new controlling owner. With an estimated net worth of about $60 billion, Walton instantly becomes the wealthiest owner in the NFL.

Walton will be the majority owner but his son-in-law, Greg Penner, and Walton’s daughter, Carrie Walton-Penner, are expected to handle most of the team’s day-to-day ownership duties.

In addition to the Walton-Penner family, the group has also added three minority owners so far: businesswoman Mellody Hobson, former Secretary of State Condoleezza Rice and Formula One driver Lewis Hamilton. Peyton Manning is also believed to be a candidate to join the team as an advisor.

The first order of business for the new ownership group will likely be giving quarterback Russell Wilson a contract extension. Walton might also consider the possibility of a new stadium, and starting next year, the team might also consider updating their uniforms.

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3 items likely on Rob Walton's to-do list with Broncos

Story originally appeared on Broncos Wire