Broncos owners Greg and Carrie Penner join Rockies ownership group
Key Points:
- Greg and Carrie Penner, through Penner Sports Group, have become significant minority partners in the Colorado Rockies, acquiring approximately a 40% stake and becoming the largest minority owners, while the Monfort family remains the majority owners.
- The investment, officially approved by Major League Baseball, is expected to be several hundred million dollars and will help the Rockies retire debt and invest in team performance and fan experience amid recent organizational changes.
- The Penners, already successful owners of the Denver Broncos, will maintain their roles with the NFL team but bring their experience and community commitment to support the Rockies' long-term strategic planning.
- The partnership reflects a shared passion for Denver sports and a commitment to the region, with both ownership groups expressing optimism about positioning the Rockies for sustained success in a competitive MLB landscape.
- This move places the Penners among a select group of owners with stakes in multiple major professional sports teams, expanding their influence in Denver’s sports community alongside other prominent ownership entities.