ENGLEWOOD, Colo. - The parent companies of the Denver Broncos are asking a Denver County District Court judge to rule the former owner’s estate no longer has the right of first refusal to any potential sale of the $3.5 billion franchise. The Broncos contend the agreement was a personal one between Kaiser and Bowlen that ended upon Kaiser’s death. Shortly after buying Kaiser’s majority share of the NFL team, Bowlen and his siblings bought out the remaining 39.2% of the team from two minority owners. Kaiser sued Bowlen in 1999 claiming that Bowlen offering a slice of the team to John Elway triggered Kaiser’s right of first refusal. ___Loading... Loading... Loading... Loading... Loading... Loading...

Source: thestar January 26, 2021 22:52 UTC