US EditionDenver Broncos Ownership Buys Minority Stake in Colorado Rockies
The investment will retire all outstanding debt and add capital for the team and fan experience, the Rockies said.
- On Friday, April 10, 2026, Major League Baseball formally approved Penner Sports Group's purchase of a 40% minority stake in the Colorado Rockies, with Greg and Carrie Walton Penner leading the investment.
- Rockies Chairman and CEO Dick Monfort and owner/general partner Charlie Monfort remain majority owners, with the investment allowing the club to retire all outstanding debt and fund team improvements and Coors Field upgrades.
- Forbes values the Rockies at $1.68 billion, ranking 25th among 30 MLB teams. The Penners said, "We are grateful to join Dick and Charlie in the Rockies ownership group."
- President of Baseball Operations Paul DePodesta and General Manager Josh Byrnes lead the front office as the Rockies enter this season 6-7, showing improvement after three consecutive 100-loss campaigns.
- While the Penners remain heavily involved with the Denver Broncos, they will have no day-to-day roles with the Rockies; they purchased the Broncos for $4.65 billion in August 2022.
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26 Articles
Billionaire Broncos Owners Invest in MLB Franchise Valued at $1.68 Billion
The Penner Sports Group, led by Greg Penner and Carrie Penner, is taking another large step in the professional sports industry. The group, which already owns a stake in the Denver Broncos, has now gained nearly an ownership stake in a franchise in MLB, which is a clear indication of an expansion beyond the NFL. This move is the continuation of a wider initiative by the Walton-Penner family after their headline-making acquisition of the Broncos …
Broncos owners buy 40% ownership stake into the Colorado Rockies
DENVER, Colo. (KRDO) — Colorado Rockies Chairman & CEO Dick Monfort and Owner/General Partner Charlie Monfort on Friday, April 10, announced Greg and Carrie Penner have joined the team’s ownership group through a minority investment from Penner Sports Group. The transaction has been formally approved by Major League Baseball. Penner Sports Group—the family entity of Greg and Carrie Penner that holds their stake in the Denver Broncos—will become…
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