The contest to buy the Broncos is heard above.
9News.com’s Mike Klis reports that the second round of offers for the Broncos is due Monday, June 6.
Four groups are expected to bid before the deadline: (1) Rob Walton’s group, including Greg Penner; (2) the Josh Harris group, which includes Magic Johnson; (2) a group led by José Feliciano, with Behdad Eghbali and Todd Boehly; and (4) Mat Ishbia, with his brother Justin.
Klis points out that media mogul Bryon Allen is considered a long shot at the moment.
PFT has always heard that the final price is expected to exceed $5 billion.
The Broncos hope to finalize the transaction by the start of the 2022 regular season.