• Loading stock data...
Tuesday, August 5, 2025
Tuned In returns to NYC on September 16. Hear from the biggest names in sports media. Click here to get your spot

Byron Allen Wants to Buy the Denver Broncos

  • Allen could become the first Black majority owner in NFL history. 
  • The Denver Broncos are expected to fetch around $4 billion, which would be a record.
Byron-Allen
Robert Hanashiro-USA TODAY Sports/Design: Alex Brooks

Byron Allen plans to make a bid for the Denver Broncos, the comedian-turned-media magnate said Wednesday. 

Allen, the founder and chairman and CEO of Allen Media Group, could become the first Black majority owner in NFL history. 

Allen said that NFL commissioner Roger Goodell and New England Patriots owner Robert Kraft approached him in November of 2019, encouraging him to bid on an NFL team, according to Bloomberg. 

“After serious consideration, I strongly believe I can effectuate positive changes throughout the league,” Allen said. “And for that reason, I will be making a bid for the Denver Broncos.”

A message left with an NFL spokesperson was not immediately returned. 

The Broncos are expected to fetch around $4 billion, a record price for any sports franchise sold. Under NFL’s current requirements, Allen would need to put up $1.2 billion (30% of the sale price) and that amount can’t be financed. 

Allen, 60, rose to fame as a comedian before he pivoted to media ownership with the creation of Allen Media. The company’s portfolio includes The Weather Channel and 27 network affiliate television stations in 21 markets. 

Other Possible Bidders

Allen is the biggest name to publicly express interest in bidding on the Broncos as a controlling owner. 

There were six groups reportedly seeking to purchase the Broncos with former Broncos quarterbacks Peyton Manning and John Elway linked to two of the groups. ​Brittany Bowlen, a daughter of late Broncos owner Pat Bowlen, is also exploring a bid to buy the team.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Feb 9, 2025; New Orleans, LA, USA; President Donald Trump leaves the field after participating in a meet and greet with the honorary coin toss participants including family members of the victims from the terrorist attack, members of the New Orleans Police Department, and emergency personnel before Super Bowl LIX between the Philadelphia Eagles and the Kansas City Chiefs at Ceasars Superdome.

Why the NFL-ESPN Deal Is ‘Political Catnip’ for Trump

The president has a history of using media mergers for leverage.

ESPN’s Ryan Clark: Haters Are Viewers, Too

“Get them to hate what you say … enough that they’ll tune in.”

NFLPA Names Interim Leader in Aftermath of Scandals Rocking Union

Veteran labor executive David White will be the interim executive director.

NFL’s Hall of Fame Game Draws 6.9M TV Viewers, Highest Since 2021

The Lions and Chargers played this year’s game in Canton, Ohio.

Featured Today

Inked Under Anesthesia: Athletes Getting $50,000 Tattoos

High-end studios, elite artist teams, and hours under anesthesia.
Coco Gauff at New York Liberty
August 2, 2025

How the New York Liberty Became the Hottest Ticket in Town

Once banished to the burbs, the Libs are now Brooklyn’s marquee attraction.
Las Vegas sign
July 29, 2025

College Sports Embracing Vegas After Years of Cold Shoulder

The Big Ten became the latest newcomer to Sin City.
2000, Jupiter, FL, USA; FILE PHOTO; Montreal Expos pitcher Hideki Irabu in action on the mound against the New York Mets at Roger Dean Stadium during Spring Training
July 28, 2025

Dead Sports Franchises Are Alive and Well on Twitter

The Expos, Sonics, and Whalers have active social media accounts.

Bengals Extend Stadium Lease After $350M in Public Funds for Renovation

The Bengals will stay in the 25-year-old stadium through at least 2036.
July 31, 2025

Ferrari Extends F1 Boss Weeks After Red Bull Fire Horner

Fred Vasseur joined Ferrari in 2023.
August 1, 2025

Commanders Seal Stadium Deal As D.C. Approves $1.1B in Funding

The NFL team’s return to its prior home receives key political support.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
July 30, 2025

Mayor Calls Commanders RFK Stadium Deal ‘a BFD’ for D.C.’s Future

The NFL team makes a series of additional commitments.
July 30, 2025

Trey Hendrickson Ends $450K Holdout Without New Bengals Deal

The defensive end is seeking a raise on his $16 million 2025 salary.
July 29, 2025

Wrexham’s Ambition Replaces Fan Favorites With Pricey Additions

Wrexham has already added six new players.
July 29, 2025

Mario Lemieux Trying to Reacquire Penguins 4 Years After Selling

The former NHL great looks to return to team ownership.