NFL officially approves sale of Broncos to Walmart's heir to fortune Rob Walton

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The Denver Broncos officially have new owners.

The National Football League approved the sale of the three-time Super Bowl champions to the heir of Walmart's fortune, Rob Walton, whose father founded the corporation in 1962.

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Walmart chairman Rob Walton speaks during the annual Walmart shareholders' meeting in Fayetteville, Arkansas, June 1, 2012. (Reuters/Jacob Slaton)

"The Broncos is the one franchise that we would choose to own if we had everything to choose from," Walton said in a video tweeted out by the team. "The Broncos have a terrific history: championships, great leadership, Super Bowl wins - we just couldn’t be happier to be joining such a terrific organization.

"The goal for the ownership group is to win games, of course, win a Super Bowl, but we want this team to play its proper role in the community, too. Making the Broncos the place for fans to be proud of, for folks that work here to be proud of, and for players to want to be a part of."

Walton will take over with his daughter, Carrie Walton Penner, and her husband, current chairman of Walmart, Greg Penner.

"Our primary goal is to go out and win, but we also want to make sure we do everything we can to make sure the Denver Broncos are the best team to play for, to cheer for, and to work for," said Carrie Walton Penner.

Penner is expected to have a major role in day-to-day operations, potentially as the team's CEO.

A general view after a Denver Broncos touchdown during a game between the Broncos and the Cincinnati Bengals at Empower Field at Mile High, Dec. 19, 2021, in Denver, Colorado. (Dustin Bradford/Icon Sportswire via