Saturday, October 16, 2021

Broncos will reevaluate ownership position after 2021 season, says Ellis

The Broncos are not yet for sale.

A day before the official start of training camp, team president and CEO Joe Ellis said the Broncos would re-evaluate the team’s ownership position after the 2021 season.

Ellis said the Broncos are “committed to a timely, responsible and systematic determination of ownership.”

The team’s lawsuit against Amy Klemmer/Beth Boulen Wallace was vacated, indicating progress in settlement negotiations, and the case was eventually dismissed, at the request of Clemmer/Wallace, on September 22 in Denver against the next estate for the trustees. The hearing date is former owner Edgar Kaiser.

Caesar’s camp argues that they deserve a right of first refusal. Meanwhile, Brittany Bolan may still be a contender to be the team’s eventual owner, but the Boulan family will have to come to a compromise on that, Ellis said.

In January, lawyers representing the Broncos’ parent companies asked a judge to rule that the right-of-first-denial condition disappeared upon Kaiser’s death in January 2012.

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