Byron Allen Announces Plan To Bid For NFL’s Denver Broncos

Media tycoon Byron Allen is making a bid to buy the Denver Broncos from the Bowlen Family Trust.ccording to Forbes, the team was valued at $3.75 billion in 2021 but the asking price could reach $4 billion, per the Mile High Report. In order to purchase a controlling interest of 30%, a $1.125 billion investment is required and, per NFL guidelines, a prospective buyer can’t have more than $1 billion in debt. Read The Story