A little over a month ago on June 8th, Walmart heir Rob Walton and the Walton-Penner ownership group made history twice on the same day when they purchased the Denver Broncos.
First, Walton acquired the team for a world-record-setting price for a sports franchise of $4.6 billion.
Then he added Mellody Hobson to the ownership group, making her the first Black woman NFL team owner.
Hobson is the co-CEO of Ariel Investments, Chairwoman of Starbucks and JP Morgan Chase director. She’s also the former Chairwoman of Dreamworks Animation, which was sold to NBC Universal in 2016, and one of the most successful businesswomen around.
Today, Walton made headlines again when he announced that former Secretary of State Condoleezza Rice joined the ownership group.
“We’re pleased to welcome former Secretary of State Condoleezza Rice to our ownership group,” said Rob Walton in a statement. “A highly respected public servant, accomplished academic and corporate leader, Secretary Rice is well known as a passionate and knowledgeable football fan who has worked to make the sport stronger and better.”
Rice is no stranger to football.
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