Report: Peyton Manning in ownership mix to buy NFL franchise
The Denver Broncos of the NFL are for sale, and Peyton Manning is interested in partial ownership. Per a report from CBS Sports, the NFL legend could have a piece of the franchise, as well as a potential management position.
Manning played for Denver from 2012-15, leading the team to Super Bowl appearances in 2013 and 2015. The Broncos won in 2015, which would end up as Manning’s final season in the NFL. He and his family still live in Denver even after his retirement.
The legendary quarterback has already reportedly had conversations with several groups that are favorites to land the team. Several sources told CBS that a new owner is expected to be on board by October of 2022.
The deal is expected to set the example for other owners who might be interested in selling their franchise. Depending on how much the Broncos go for, others may try to top that. David Tepper purchased the Carolina Panthers for a whopping $2.3 billion in 2018. Some believe that based on increased interest in the league, the Broncos could go for even more.
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Peyton Manning has shown a desire to stay involved with the NFL following his retirement. He and his brother Eli started an alternate Monday Night Football broadcast called the Manningcast, which has been a massive success. Over their first eight games of this season, the brothers have averaged 1.6 million viewers on ESPN2.
The quarterback’s interest in becoming a part owner makes sense given his connection to the franchise and city of Denver. He also is likely financially stable enough to make a sizable contribution. It’s the potential management position that makes it even more interesting.
In addition to just ownership, we could see Peyton Manning making decisions for an NFL team. He would join other former players such as John Elway and Ozzie Newsome to go from player to manager.