FOS PM: The Broncos offer from the Walmart heir


After a 99-day lockout that delayed the start of the season, MLB commissioner Rob Manfred presented all players with Bose headphones as a peace offering on opening day. Fair trade?

Rob Walton, son of late Walmart founder Sam Walton, reportedly offered more than $4 billion to buy the Denver Broncos.

The opening offers for the Broncos were would have due on Friday and would only be accepted if they were above the $4 billion threshold. The price is only a fraction of Walton’s $70 billion valuation, making him a favorite to buy the team.

NFL owners aren’t allowed to put more than $1 billion in debt on a team and must deposit at least 33% of fairness.

An earlier report suggests that the team’s final sale will be between $4.5 billion and $5.5 billion.

  • Owner of the Philadelphia 76ers and New Jersey Devils Josh Harris had to submit an offer.
  • Reports suggest the NFL was courting Robert F. Smiththe richest black man in America, to buy the team.
  • entertainment studios Byron Allen said it was preparing an offer in February. Either Allen or Smith would become the league’s first black owner if either won.

Walton’s brother-in-law is Stan Kroenke, owner Los Angeles Rams and former owner of the NBA Nuggets and NHL Avalanche.

A pretty penny

The estimated auction price would make the sale of the Broncos the highest amount ever paid for an American professional sports team. David Tipper bought the Carolina Panthers in 2018 for $2.2 billion and Joe Tsai bought the Brooklyn Nets in 2019 for $2.3 billion.

Evan Habeeb – USA TODAY Sports

Washington Nationals are considering a sale, among other options, managing principal owner Mark D. Lerner announced Monday.

Allen & Company – the company that handled the sale of the New York Mets, landing an MLB record $2.4 billion in 2020 – was retained as part of what Lerner described as a “exploratory process” which could lead to a sale of the franchise valued at $2 billion.

Real estate developer Ted Lerner, 96, bought the Nationals for $450 million in 2006, the team’s first season in the nation’s capital following the franchise’s move from Montreal. Lerner passed day-to-day supervision of the team to his son Mark in 2018.

Lerners’ success in DC

Washington has lost three MLB teams in its history and has been without baseball since the Senators moved to Texas to become the Rangers after the 1971 season.

  • After three seasons at RFK Stadium, the team moved to the 41,418-seat Nationals Park. the $693 million The stadium was publicly funded and owned by the Washington Convention and Sports Authority.
  • Under the Lerners, the Nats won the 2019 World Series.
  • After trading ace pitching Max Scherzer and shortstop Trea Turner last season, as well as losing players like Anthony Rendon to free agency after the title chase, the team is currently in a rebuilding phase.

Mark Lerner said “there is no set timeline or expectation of a specific outcome” in his statement.

Chelsea FC bidders have had three extra days to submit their bids, and Stephen Pagliuca is using that time to his advantage – the Boston Celtics co-owner has signed NBA President Larry Tanenbaum as a backup.

The Canadian is president of Maple Leaf Sports and Entertainmentthe company that possesses Toronto FC, Maple Leafs, Raptors and Argonauts.

  • Tanenbaum joins Pagliuca’s group of investors that would include Passport Capital founder John Burbank and Facebook co-founder Eduardo Saverin.
  • Former Disney executive Bob Iger has also reportedly been approached to join the bid.

Pagliuca should unload his participation in Serie A Atalanta if his bid for Chelsea is successful.

Other bidders include a consortium led by Los Angeles Dodgers, Lakers and Sparks owner Todd Boehly, a group led by Sports Investment Partners chairman Sir Martin Broughton, and a consortium led by the Ricketts family, owners of the Chicago Cubs. .

Abramovich’s football change

Roman Abramovich put the team up for sale as he was sanctioned by the UK government for his links to Vladimir Putin, but that hasn’t dampened his interest in buying football teams. The oligarch is would have looking to buy Valencia from La Liga club once the sale of Chelsea FC is complete, according to a rival bidder.

Tanenbaum’s addition is thought be attractive to Abramovich because of his work fighting anti-Semitism, although the government is would have satisfied with the four bidders.

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The New York Mets (3-1) face the Philadelphia Phillies (2-1) Monday at Citizens Bank Park.

How to watch: 6:45 p.m. ET on FS1

Betting odds: Phillies -1.5 || ML-150 || O/U 9.5

To take: Expect the Phillies to bounce back from Sunday’s loss. Take Philadelphia to cover.


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