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New Owners for the Denver Broncos: What Will It Mean for the NFL Franchise?

Meta: In June 2022, the Walton-Penner Group started the initial takeover of the Denver Broncos in a deal reportedly worth around $4.65 billion, but what will it mean for the NFL Franchise?

The takeover of the Denver Broncos franchise by the Walton-Penner Group was finalised in August 2022 in a deal that was worth a reported $4.65 billion. 24 out of the 32 NFL owners had to approve the sale before it could be completed, and according to Roger Goodell, the NFL Commissioner, it was a unanimous decision to approve the sale. 

But what does this all mean for the Denver Broncos? It appears as though the majority of fans are happy with the takeover, and there’s already excitement in the air as to what the future may hold for the club. 

Can the Broncos win the championship?

A great way to gauge exactly what chance the Broncos have of winning the championship this season would be to look at the major sports betting sites. According to the odds for NFL betting on Unibet Sportsbook the Broncos have a +900 odds of winning the AFC Championship in the 2022/23 season, and  are the fourth favourites to win the championship.

In comparison, the Los Angeles Chargers are currently priced at +750 , making them third favourites to win the championship outright. The Kansas City Chiefs are currently second favourites to win at +500 , and the favourites to win the AFC Championship in the 2022/23 season are the Buffalo Bills at +325 . The Broncos’ odds of winning the NFL championship are even worse at +1800, , while the current favourites to win the NFL Championship are the Buffalo Bills with +600 odds . 

In between these two teams, you have the Tampa Bay Buccaneers, the Kansas City Chiefs, the Green Bay Packers, the Los Angeles Rams, the Los Angeles Chargers, and the San Francisco 49ers, with odds ranging from +750 (15/2 or 8.50) to around +1600 (16/1 or 17.00), respectively. 

About the Denver Broncos

The Denver Broncos team is a men’s professional American Football franchise based in Denver, Colorado. The Broncos formed in late 1959 and played their first season in 1960. Their home games are played at the Empower Field at Mile High, and they play in their iconic colours of orange, navy blue, and white. The Denver Broncos are currently in the American Football Conference – Western Division or AFC West (which is one of four divisions in the National Football League, or NFL). 

Some of the most famous names to have played for the Broncos since the team formed are John Elway (quarterback), Terrell Davis (running back), Champ Bailey (cornerback), Shannon Sharpe (tight end), Steve Atwater (strong safety) and Roderick Smith (wide receiver). Other honourable mentions include Randy Gradishar (linebacker), Von Miller (outside linebacker), Jason Elam (placekicker) and Tom Nalen (centre).

What changes can we expect?

New money tends to lead to change, and for the Denver Broncos, this can hopefully mean bringing in new players to give them more of a competitive edge and a more realistic chance of one day winning the championship. Can the new head coach Nathaniel Hackett make a difference at the club, and will the money be spent in the right areas? 

Upcoming fixtures

The upcoming 2022/23 season of the NFL is set to be the 103rd season, and it’s scheduled to get underway on September 8th. Their first game of the season is away to the Seahawks on September 3rd, and then they are at home to the Texans on September 18th. Next up, they face the 49ers at home on September 26th, and then they are away to the Raiders on October 2nd. 

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