AMG's Byron Allen To Bid For NFL Broncos

Media tycoon Byron Allen is preparing a bid for the Denver Broncos, a move that if successful would make him the first Black majority owner of an National Football League team, reports Bloomberg. 

“NFL commissioner Roger Goodell and New England Patriots owner Robert Kraft came to me in November of 2019 and asked me to take a good look at buying an NFL team,” Allen, chairman and chief executive officer at Allen Media Group, said in a statement in response to inquiries about his interest in the Broncos.

Byron Allen

“And after serious consideration, I strongly believe I can effectuate positive changes throughout the league,” Allen said in a statement. “And for that reason, I will be making a bid for the Denver Broncos.”.

Allen, 60, is a Detroit native who came to prominence as a comedian appearing on NBC’s Tonight Show Starring Johnny Carson. He went on to become a television producer and later founded Allen Media, which consists of The Weather Channel and more than 15 local network stations. Allen had recently bid for the regional television operator Tegna Inc., however acquisition talks are still ongoing.

The Broncos only officially announced the losing franchise was up for sale at the start of February.

Denver Mayor Michael Hancock has said a swift sale of the team by the Bowlen family would be best for all. “Settling the ownership situation is critical to getting the organization’s attention focused back to where it needs to be, which is fielding a successful and competitive football team that all of Broncos Country can continue to be proud of,” Hancock said in a statement.