Denver Buddies: Rockies Welcomes Broncos Owners as Minority Partners
The Colorado Rockies have announced a minority investment from Greg and Carrie Walton Penner of the Penner Sports Group, purchasing approximately a 40% share of the team, verified by Major League Baseball. This investment makes the Penners the largest minority partners of the Rockies, valued at $1.68 billion. Rockies chairman Dick Monfort emphasized their shared commitment to the team’s success. The investment will help retire outstanding debt and enhance Coors Field. The Rockies are looking to improve after three consecutive seasons of 100+ losses, with new leadership under Paul DePodesta and Josh Byrnes.
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