Rockies land Broncos owners for 40% stake, signaling a renewal push
Rockies owner Dick Monfort sells a 40% minority stake to the Penner Sports Group (Broncos co-owners Greg and Carrie Walton Penner) for about $672 million, providing debt relief and capital to pursue a long-term plan while Monfort retains leadership. The move aims to elevate the franchise from a longtime regional fixture to a more sustainable, championship-focused operation, with the Penners’ track record in Denver sports signaling stronger stewardship even as attendance dips and labor talks loom.