Broncos have ‘no immediate plans’ to add members to ownership group

·2 min read

The Denver Broncos’ new ownership group led by Rob Walton, Greg Penner and Carrie Penner has added three minority investors: Mellody Hobson, Condoleezza Rice and Lewis Hamilton.

Two other high-profile candidates are believed to be interested in joining the team’s ownership group, but Penner said Wednesday that nothing is imminent.

“At this point, we don’t have anything to add or share on that,” Penner said when asked about potential additions to the ownership group. “No immediate plans.”

John Elway has publicly stated that he would be interested in joining ownership, but he remains an outside consultant. ESPN reported in June that Peyton Manning was a candidate to join the team in an advisor role that could eventually lead to “equity in the franchise.”

Neither Elway or Manning are set to join ownership, though, at least not right now, but both former quarterbacks remain closely connected to the team.

“We are in a terrific position of having two great Broncos, they were both out here [at practice] today, and it’s been fantastic to spend some time with them,” Penner said Wednesday. “John Elway is the ultimate Bronco. He won championships as both a player and an executive. I have had a chance to visit with him and look forward to learning as much from him as possible.

“Peyton is one of the greatest NFL players of all time — obviously, won a championship here. We have had a chance to get to know him through the process as well. We are just going to learn from both of them. I think it is going to be a really good relationship.”

Regardless of whether or not they get official titles, it seems clear that both Elway and Manning aim to help the team any way they can going forward.

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Meet the new Broncos ownership group

Story originally appeared on Broncos Wire