There’s a philosophical theory if you took all the money in the world and divided it up equally the same people who have all the money today would have all their money back in just a few years.
Wouldn’t you love to have a job where you vote yourself your own salary? What a gift. Recently one of the greatest lucky sperm club families in the history of Denver sports, the Bowlen’s sold your Broncos to an even greater lucky sperm club factory, the Waltons. No, it’s not John Boy; it’s not Walton’s Mountain. However, hide and watch.
The first thing on the agenda is Stan Kroenke, the founder of Kroenke Sports and Entertainment, which is the holding company of the LA Rams of the NFL, the Denver Nuggets of the NBA, the Colorado Avalanche of the NHL, the Colorado Rapids soccer team, the Mammoth lacrosse team, the Arsenal FC and Arsenal WFC, and the esports teams the LA Gladiators and LA Guerillas.
Now his wife is the lovely Ann Walton Kroenke. Ann is the daughter of Walmart co-founder Bud Walton. Now enter the dragon. You call him Rob Walton and he is Ann Walton Kroenke’s cousin. He now owns your Broncos who play at Empower Field, previously known as Broncos Stadium at Mile High, before that INVESCO Field at Mile High, aka Sports Authority Field at Mile High. Is it all starting to come together for you?
He bought your Denver Broncos for a record $4.65 billion. The real question that seems to be pending in the background is a new stadium.
Now remember you marks paid $400.9 million in 1999 to keep Pat Bowlen from skipping out of town with your Broncos back then. It appears your current owners, the Bentonville gang, are going to want a new stadium. They probably will move Elitch Gardens and redevelop that entire valley where the Platte River runs, possibly move the Ball Arena along with a new stadium. How much money do you think they’re gonna make? How much will the Broncos fans go into their pockets again?
But the better one is for all of us in the media to know that Stan Kroenke controls Altitude Sports. If you put together a sports package for every Colorado team but the CU Buffs and Colorado Rockies these guys are going to have some serious power. KOA has the radio rights to broadcast the Broncos games and every TV outlet claims to be the official Denver Broncos station.
The Broncos haven’t been that successful in recent years and people I know and respect tell me Russell Wilson is the quarterback that saved KOA Radio. With one family owning almost all of the teams and controlling almost all of the broadcast rights that’s a lot of political and economic clout. Kind of reminds me of DIA, light rail, the 16th Street Mall, and every other such project where you paid for it and someone else got rich off of it.
This is an early warning. Watch what happens and see if after these people paid all that money how long it will take for the Bentonville team to get all of their money back… from you. You get marked again. That’s called sports grifting. You got sports grifted again.
— Peter Boyles
