Peyton Manning’s Denver Broncos Ownership Group Update

On Aug. 9, National Football League owners are expected to consider the $4.65 billion bid for the Denver Broncos from the Walton Penner Group, led by Walmart heir Rob Walton, his daughter Carrie Walton. Penner and her husband, Greg Penner, chairman of Walmart’s board of directors. Ahead of the vote, the group has been busy diversifying its membership in line with NFL commissioner Roger Goodell’s wishes, rounding out the participation of black entrepreneur Mellody Hobson, who chairs the Starbucks board and is married to star wars creator George Lucas, with former US Secretary of State Condoleezza Rice and Formula 1 superstar Lewis Hamilton.

But despite these high-profile wins, Broncos fans continue to wonder: What about Peyton Manning?

America’s most famous former professional footballer, Manning, who retired in 2016 after helping the Broncos win Super Bowl 50, has reportedly joined an ownership collective since the team was officially put on the block earlier this year, and such reports kept coming after the rise of the Walton Penner Group. On June 9, a month before the finalization of the agreement, ESPN’s Adam Schefter tweeted“The Walton-Penner Broncos ownership group has had conversations with Peyton Manning about an advisory role in the organization which could potentially mean being part of the ownership group and having a stake in the franchise, the sources say.” , and on July 15, Sports Illustrated posted “Manning should ‘join alliance’ of New Broncos leadership.”

Meanwhile, Manning continues to maintain close ties with the team. He was present throughout practice at the busiest Broncos training camp ever on July 30, hanging out on the sidelines for hours in full view of more than 7,000 fans. His presence served as both a reminder of past glories and a possible clue to the future.

And then there’s the video released by the team this summer, in which new quarterback Russell Wilson is seen as Manning’s trainee:
Appearances like these suggest that Manning is indeed considering joining the Walton Penner Group – and if so, there are a number of good reasons why such an announcement has yet to be made.

On the one hand, Manning adds a lot to the glamor and legitimacy of the ownership group, but nothing to diversity, the clear focus of recent months. Plus, Manning is a good businessman, and he won’t sign unless the deal is good enough — and every side project he kicks off only increases his value.

Examples abound. Last season’s so-called Manningcasts – in which he and his younger brother, former Super Bowl-winning QB Eli Manning, delivered off-the-cuff narration to Monday night football shows – became a popular and critical success, spawning a slew of second-rate imitations and attracting many special guests. Among the latter was Rice, who raves about the sport: “I’ve loved football since I was little. My father was a football coach. When I was born, I was supposed to be his All-American linebacker; a girl. So he taught me the sport. My fondest memories are watching football with my dad.

Since then, Manning has been involved in several types of games on television. Reboot of NBC’s University bowlwhich he hosts, is set to launch its second season on September 9, and he is an executive producer of The final straw on ABC. And earlier this week, he was announced as co-host with country music superstar Luke Bryan of the 56th annual CMA Awards on Nov. 9 in Nashville.

Given all of these opportunities, Manning is definitely in a position where he doesn’t have to accept a lowball offer – and given what has been characterized as his long-standing interest in leading a team as general manager a day, he might decide not to take any Broncos gig. it does not give him decision-making power.

Nonetheless, fans are clearly loving the idea of ​​Manning’s role with the Broncos in the future. Now it’s up to the Walton Penner Group to make it happen.

About Michael S. Montanez

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