![[Forbes] Rob Walton expected to buy the Broncos for $4.5 billion, the most expansive sale for a sports franchise.](https://external-preview.redd.it/YOmFoSbhRIhlqbkJ7kBG5eOPUFH2VqER83RC3-ZmAIo.jpg?auto=webp&s=1e557346d9b734c2999e475c4c2cbfad51211120 "[Forbes] Rob Walton expected to buy the Broncos for $4.5 billion, the most expansive sale for a sports franchise.")
[Forbes] Rob Walton expected to buy the Broncos for $4.5 billion, the most expansive sale for a sports franchise.
Rob Walton, an heir to the Walmart fortune, will win the bidding for the Denver Broncos at about $4.5 billion, several sports bankers told Forbes. The winning bid is expected to be announced as early as this month. https://t.co/S7VZq83h3T
— Forbes (@Forbes) June 6, 2022
View Reddit by makarmackinnonstan – View Source
Fuuuuuuuuck why’d it have to be the Walmart guy?
the biggest takeaway i had from this was how much it pays to win a few championships with a franchise. mostly an NBA fan and thinking about how much golden state, milwaulkee and toronto’s valuations have skyrocketed since a chip.
also opens up a very interesting thought which is related to payroll/luxury tax. truly a great risk v. reward case study — teams that spend bonkers $$$ in the tax and win it all? they get it all back in valuation and teams that don’t gain little to nothing, if not negative valuation repercussions.
cool!
ThatsGoodSports is gonna have a video about this soon then.