Why One Family Had to Sell Their NFL Team
$4,650,000,000 - there are a heck of a lot of zeroes in this number..
The sale of the Denver Broncos is interesting for a number of reasons:
1) Why did one family have to sell an NFL franchise and another received the opportunity to buy it? Yes, there is an estate planning story in here..
2) The numbers involved - It's the largest sports franchise sale in American history and trailing only Chelsea F.C. ($5.3B) in the world.
3) ROI - Turning a $78M investment into $4.65B AND kicking off billions in operating revenue along the way.
The opinions voiced in this material are for general information only. This material was created for educational and informational purposes only and is not intended as ERISA, tax, legal, or investment advice. If you are seeking investment advice specific to your needs, such advice services must be obtained on your own separate from this educational material.