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Home Business & Finance

Magic Johnson Joins 76ers Owner Josh Harris in Bid to Buy the NFL’s Denver Broncos

by admin
May 9, 2022
in Business & Finance
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In a quest to lastly have a Black crew proprietor within the Nationwide Soccer League (NFL), Los Angeles Lakers legend Earvin “Magic” Johnson has thrown his hat into the ring!

In keeping with Sports activities Illustrated, the entrepreneurial NBA Corridor-of-Famer is becoming a member of a bid to buy the Denver Broncos. Magic Johnson is reportedly becoming a member of a gaggle being led by Philadelphia 76ers co-owner Josh Harris.

EXCLUSIVE: Earvin @MagicJohnson is coming into the bidding for the Denver Broncos

He has joined the bid group being led by Philadelphia 76ers co-owner Josh Harris pic.twitter.com/SPCVFyrKjY

— Sportico (@Sportico) May 5, 2022

The Denver Broncos franchise was put up on the market earlier this 12 months in February by the Pat Bowlen Belief. Bowlen bought the franchise in 1984 and was the proprietor till his loss of life in 2019. The anticipated worth that the Broncos might be offered for is as a lot as $4 billion.

Magic is one in all a number of outstanding Black vying to change into an NFL crew proprietor.

NFL Commissioner Roger Goodell and Robert Kraft, proprietor of the New England Patriots, have reportedly been working to carry billionaire Robert F. Smith, 59, proprietor of Vista Fairness Companions, a private-equity agency, to change into the primary Black to personal an NFL crew, the New York Publish reported.

In February, leisure media mogul Byron Allen introduced he would bid to change into the primary Black proprietor of a Nationwide Soccer League (NFL) crew.

There may be additionally Shawn Carter, Beyonce‘s husband, Jay-Z. In keeping with Entrance Workplace Sports activities, in September it was reported that the hip-hop billionaire is a possible purchaser as properly. The previous part-owner of the Nationwide Basketball Affiliation’s Brooklyn Nets, Jay-Z will little doubt should compete with different suitors.

The push to get a Black proprietor of an NFL crew has been mentioned over the previous a number of years. That has intensified after a bombshell lawsuit filed by former Miami Dolphins head coach Brian Flores in opposition to the Nationwide Soccer League (NFL) and several other groups for racial discrimination.





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