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Denver Broncos sold to Walmart heir Rob Walton


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DENVER — The Denver Broncos and the Walton-Penner family ownership group, spearheaded by Walmart heir Rob Walton, have entered into a purchase and sale agreement to acquire the team, the Broncos announced in a tweet Tuesday night.

Details of the purchase were not immediately available. Sources told Broncos Insider Troy Renck that the price is north of $4.6 billion, crushing the current record paid for an American sports franchise at $3.3 billion for the Brooklyn Nets, which involved real estate. The Panthers own the NFL record, sold for $2.275 billion to David Tepper.

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5 hours ago, RutgersJetFan said:

Two years from now when there’s only one register open at every concession stand the fanbase is gonna be pissed about this. 

Self check out is the way of the future. 

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5 hours ago, RutgersJetFan said:

Two years from now when there’s only one register open at every concession stand the fanbase is gonna be pissed about this. 

That assumed people will still actually going to games.😁

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1 hour ago, The Crusher said:

Self check out is the way of the future. 

Can't wait till stores get their customers to stock shelves and truck in the merchandise and then tell them how convenient it is for them to do so.

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1 hour ago, The Crusher said:

Self check out is the way of the future. 

I really appreciate the self checkout.  Unfortunately for the businesses that have them I have not been trained properly and I occasionally miss an item or 2.  It takes me about 3 minutes to check myself out and those items usually add up to $15 or $20.  I figure that it's my pay for working for them. So it all works out.  If they paid someone $20 an hour to check me out, they would probably make out better, but who am I to say.

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6 hours ago, Biggs said:

I'm dissapointed.  I was rooting hard for K-Mart.  

Well, not to be outdone by his rival, Eddie Lampert, CEO of ESL Investments, which owns K-Mart, has just put in a bid for the Houston Alouettes.

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Just now, Spoot-Face said:

Well, not to be outdone by his rival, Eddie Lampert, CEO of ESL Investments, which owns K-Mart, has just put in a bid for the Houston Alouettes.

sa·cré bleu

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4 minutes ago, Jetsfan80 said:

Can't wait to buy those upper deck Great Value tickets for a nickel!

Also can't wait for the PeopleofWalmart spin-off site "PeopleofEmpowerFieldatMileHigh".

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It's amazing that a guy can basically never actually work in his life and have enough money to buy a football team for $4.6 billion.

His work history:

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After graduation, Walton became a member of the law firm that represented Walmart, Conner & Winters in Tulsa, Oklahoma.[1] In 1978, he left Tulsa to join Walmart as a senior vice president,[1] and in 1982, he was appointed vice chairman.[9] He was named chairman of the board of directors on April 7, 1992, two days after his father's death

 

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