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Denver Broncos Purchase- Impact On The Valuation of Sports Teams

Jun 10, 2022 9:17:16 AM / by Rohan Lulla posted in NFL Athletes, athletes on social media, Walmart

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The Denver Broncos were purchased this past week by Rob Walton, one of the family owners of Walmart for a staggering $4.65 billion. The purchase is the highest sale of an American professional team, and makes Rob Walton the richest owner in the NFL. The sale of the Broncos is a significant boost for the valuations of NFL teams. The last NFL record sale of a team was in 2018 by the Carolina Panthers for a then record $2.275 billion. This indicates that the NFL as a league is bound to rise much higher in terms of valuation, and also give a major boost to the valuation of 31 other teams in the league. This would allow teams like the Dallas Cowboys who were valued last year at $6.5 billion to see a larger hike in valuation along with other large market NFL franchises. 

 

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