Greg Penner
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Denver Broncos owner Greg Penner.
When it comes to money and spending it on professional sports, there doesn’t seem to be any limit for the Walton-Penner family.
“Sources confirm Broncos owners Greg and Carrie Penner are now MLB Colorado Rockies largest minority owners,” Denver 9 News reporter Mike Klis wrote on his official X account on Friday. “Dick, Charlie and Walker Monfort still have control. Penners still all in on Broncos but they now have roughly 40 percent of Rockies per sources.”
The Penners and Rob Walton bought the Broncos for approximately $4.6 billion in August 2022 and have led a massive turnaround for the franchise, which made it all the way to the AFC Championship Game following the 2025 season.
The Rockies have been 1 of Major League Baseball’s worst teams in the last decade. They haven’t had a winning season or made the postseason since 2018 and have lost over 100 games each of the last 3 seasons.
The Penner Sports Group, which bought the Rockies, is different from the Walton-Penner Family Ownership Group, which owns the Broncos — a group that includes Rob Walton, Condoleeza Rice, and Lewis Hamilton.
“Greg and Carrie Penner have bought a whopping 40% of the Rockies,” DNVR’s Zac Stevens wrote on his official X account. “This is HUGE for Colorado Sports!”