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Rockies bring Broncos owners in as minority partners as they try to turn around franchise

Sport

Rockies bring Broncos owners in as minority partners as they try to turn around franchise
Sport

Sport

Rockies bring Broncos owners in as minority partners as they try to turn around franchise

2026-04-11 01:36 Last Updated At:01:41

DENVER (AP) — The Colorado Rockies are bringing in Denver Broncos owners Greg Penner and Carrie Walton Penner through a minority investment from the Penner Sports Group.

Rockies chairman & CEO Dick Monfort and owner/general partner Charlie Monfort announced the deal Friday. It's been approved by Major League Baseball.

The Penner group is purchasing approximately a 40% share of the Rockies, a person with knowledge of the situation said. That person spoke to The Associated Press on condition of anonymity because the figure hasn't been released. The group becomes the largest minority partner for the Rockies, a team Forbes has valued at $1.68 billion.

Dick and Charlie Monfort will continue their roles, with Walker Monfort serving as the team's president. The organization said the investment allows the club to “retire all outstanding debt” in addition to providing an enhanced experience at Coors Field.

“Greg and Carrie have proven that they share the same passion for our region and a strong commitment to compete at the highest level," Dick Monfort said in a statement. "We are thrilled to add them to the Colorado Rockies’ ownership group as we best position this franchise for long-term sustained success.”

The Rockies are off to a 6-7 start this season. They made big changes in the offseason after a third straight year with 100 or more losses. The front office is now led by Paul DePodesta, the president of baseball operations, and general manager Josh Byrnes.

The Walton-Penner Family Ownership Group bought the Broncos from the Pat Bowlen Trust in August 2022 for a then-record $4.65 billion. Walmart heir Rob Walton also is an owner, while Formula One driver Lewis Hamilton, Mellody Hobson and former U.S. Secretary of State Condoleezza Rice serve as limited partners.

Denver made it to the AFC championship game last season before losing 10-7 to the New England Patriots.

“While our focus remains firmly on the Broncos, we look forward to being supportive, long-term partners of the Rockies and Major League Baseball,” the Penners said in a joint statement. “We’ve enjoyed getting to know the Monforts and are grateful to join Dick and Charlie in the Rockies’ ownership group along with the other partners.”

AP MLB: https://apnews.com/hub/mlb

Denver Broncos owner Greg Penner walks after attending a session at the NFL football annual meetings, Tuesday, March 31, 2026, in Phoenix. (AP Photo/Ross D. Franklin)

Denver Broncos owner Greg Penner walks after attending a session at the NFL football annual meetings, Tuesday, March 31, 2026, in Phoenix. (AP Photo/Ross D. Franklin)

BUDAPEST, Hungary (AP) — Paris Saint-Germain is aiming for back-to-back Champions League titles in Saturday's final in Budapest. Arsenal is trying to win it for the first time in its history.

European club soccer's biggest prize is at stake when the champions of France and England face off at the Puskas Arena in Hungary.

Titleholder PSG can become only the second team in the modern era to retain the trophy after Real Madrid, which won three in a row from 2016-18.

Arsenal, meanwhile, is heading into the game on a high after ending its 22-year wait to lift the Premier League title again. This is only its second time in the final, having lost to Barcelona in 2006.

Here’s what to know about the Champions League final.

Kickoff has been brought forward to 1600 GMT, having traditionally been played in the evening. Governing body UEFA made the change to enhance the matchday experience for fans and to optimize logistics, such as public transport, in Budapest.

American rock band The Killers will be performing. In recent years, Linkin Park and Lenny Kravitz have headlined the pre-match show.

Only Madrid has managed to retain the European Cup since it was rebranded as the Champions League in 1992.

AC Milan, Ajax, Juventus and Manchester United all lost in the final the year after winning the trophy, so PSG is on the brink of greatness.

Despite being one of the most storied teams in England, Arsenal is still to be crowned champion of Europe. Twenty years on from reaching its only final, it is aiming to complete the greatest season in the club's history by winning a Premier League and Champions League double.

Victory would see Luis Enrique become only the fifth coach to win three or more Champions League or European Cup titles.

5 Carlo Ancelotti

3 Bob Paisley, Zinedine Zidane, Pep Guardiola

The 67,000-seat stadium was opened in 2019 and built on the same site as the previous Ferenc Puskas Stadion — named after the Hungarian and Real Madrid icon who won three European Cups as a player.

2025 PSG

2024 Real Madrid

2023 Manchester City

2022 Real Madrid

2021 Chelsea

15 Real Madrid

7 AC Milan

6 Bayern Munich, Liverpool

5 Barcelona

4 Ajax

3 Manchester United, Inter Milan

The 2027 final will take place at Atletico Madrid’s Estadio Metropolitano. It will be the second time it has held the final, having staged the 2019 showdown between Liverpool and Tottenham. The city of Madrid has hosted the final on five previous occasions.

James Robson is at https://x.com/jamesalanrobson

AP soccer: https://apnews.com/hub/soccer

PSG's head coach Luis Enrique directs a training session ahead of the Champions League final soccer match between Paris Saint-Germain and Arsenal in Budapest, Hungary, Friday, May 29, 2026. (AP Photo/Andreea Alexandru)

PSG's head coach Luis Enrique directs a training session ahead of the Champions League final soccer match between Paris Saint-Germain and Arsenal in Budapest, Hungary, Friday, May 29, 2026. (AP Photo/Andreea Alexandru)

Arsenal supporters pose for a photo the day before the Champions League final soccer match between Paris Saint-Germain and Arsenal in Budapest, Hungary, Friday, May 29, 2026. (AP Photo/Armin Durgut)

Arsenal supporters pose for a photo the day before the Champions League final soccer match between Paris Saint-Germain and Arsenal in Budapest, Hungary, Friday, May 29, 2026. (AP Photo/Armin Durgut)

Arsenal's Spanish manager Mikel Arteta meets the media ahead of the Champions League final soccer match between Paris Saint-Germain (PSG) and Arsenal, in Budapest, Friday 29, 2026. (Ina Fassbender, Pool Photo via AP)

Arsenal's Spanish manager Mikel Arteta meets the media ahead of the Champions League final soccer match between Paris Saint-Germain (PSG) and Arsenal, in Budapest, Friday 29, 2026. (Ina Fassbender, Pool Photo via AP)

Arsenal's Declan Rice warms up during a training session ahead of the Champions League final soccer match between Paris Saint-Germain and Arsenal in Budapest, Hungary, Friday, May 29, 2026. (AP Photo/Denes Erdos)

Arsenal's Declan Rice warms up during a training session ahead of the Champions League final soccer match between Paris Saint-Germain and Arsenal in Budapest, Hungary, Friday, May 29, 2026. (AP Photo/Denes Erdos)

Paris Saint-Germain's Ousmane Dembele meets the media ahead of the Champions League final soccer match between Paris Saint-Germain (PSG) and Arsenal, in Budapest, Friday 29, 2026. (Franck Fife, Pool Photo via AP)

Paris Saint-Germain's Ousmane Dembele meets the media ahead of the Champions League final soccer match between Paris Saint-Germain (PSG) and Arsenal, in Budapest, Friday 29, 2026. (Franck Fife, Pool Photo via AP)

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