Court ruling clears path for Broncos to be put up for sale, as judge holds that previous owner's right-of-first-refusal is not transferrable

Jan 11, 2022

Billionaires interested in purchasing the Broncos, get your offers ready.

The last remaining hurdle for the Broncos to be put on the market was removed Tuesday in Denver’s Second District Court when Judge Shelly I. Gilman ruled late owner Edgar Kaiser’s right of first refusal provision was not transferrable.

In a 41-page ruling, Gilman wrote, “the right of first refusal … between Edgar F. Kaiser, Jr. and Patrick D. Bowlen … is no longer valid or enforceable in any respect.”

Source: The Denver Post