Could you loan me $700 million to purchase the Denver Broncos?

[Porch Monkey]

It'll be a good investment. :fyi:

http://profootballtalk.nbcsports.com/2010/02/11/rumors-fly-that-broncos-are-available-for-purchase/

The fact that the Rams have found a buyer reminded me of a rumor that snaked its way through the grapevine last week.

There's talk that the Denver Broncos could be available to be purchased from current owner Pat Bowlen.

And there's a connection between the Rams and the Broncos. If Shahid Khan will be buying (http://profootballtalk.nbcsports.com/2010/02/11/illinois-businessman-shahid-khan-set-to-buy-rams/) not only the 60 percent of the Rams currently held by Chip Rosenbloom and Lucia Rodriguez but also the 40 percent owned by Stan Kroenke, Kroenke could couple the cash he gets from Shahid with a chunk of his wife's Wal-Mart money (http://www.telegraph.co.uk/sport/football/leagues/premierleague/arsenal/7102853/How-Arsenal-will-be-changed-by-Stan-Kroenkes-business-brain.html) and purchase the Broncos.

Kroenke already owns the NHL's Colorado Avalanche and the NBA's Denver Nuggets. He reportedly was interested in acquiring controlling interest in the Rams, but the league's cross-ownership rules require teams in multiple leagues to be located in the same market.

We need to be clear on this one. We're not saying that the Broncos are for sale; we're saying that there's a rumor they're for sale. And we're speculating that Kroenke could be interested, especially if he's cashing out his chips in St. Louis. :idea:

[dcmcki]

Paypal addy? or do you accept checks?

[Porch Monkey]

ngsm13 said the samething lol. asked if I took paypal or Nigerian checks. My uncle's sending one to me post dated for Feb.12, 2500 LOL

[Porch Monkey]

The franchise is worth around 700 million according to Forbes.

[Toasted1]

They are gonna let some raghead buy it? :ugh:

[Porch Monkey]

doubt it sells at all really, Kaiser family has right to 1st refusal

[Porch Monkey]

http://sportsillustrated.cnn.com/football/news/2003/07/19/broncos_lawsuit_ap/

Bowlen's tax basis for the Broncos is arount 100million.

If Bowlen dies this year, there is an agrument that his will bestows his property without any estate tax, because the Senate never got around to the bill. (no political comment)

If he dies in 2011 or later (unless tax rates are changed again) his estate would be taxed at about 55% of any amount above his basis plus two million which is exempted from inheritance tax.

Long term capital gains taxes are now 20% for an asset owned by a person not in the two bottom tax brackets. There is some thought that the dems want to increase that, but given the current political climate, that may not occur.

[J31Bro]

I care.