by Paul Gatling (pgatling@nwabj.com)
The Denver Broncos have confirmed new ownership is on the way, and there are ties to Arkansas.
In a news release late Tuesday night (June 7), the NFL franchise said a purchase and sale agreement is in place to transfer ownership from the Pat Bowlen Trust to a bid submitted by Rob Walton, the oldest son of Walmart founders Sam and Helen Walton.
The bid is reportedly worth $4.65 billion, the most expensive sale of a sports franchise in North American history, according to multiple media reports. The Broncos did not include the price in the team’s official release.
