Could Robert F. Smith become the first black owner in the NFL? He has emerged as a potential bidder for the Broncos
The Denver Broncos will have a new head coach soon, and they could have a new owner right after that! According to Pro Football Talk, The Broncos are expected to be put up for sale.
The great news is Robert F. Smith, the Denver native could end up becoming a trailblazer in the NFL. There are rumors that Robert F. Smith the Billionaire from Colorado is interested in buying the Broncos, according to Front Office Sports.
With an estimated net worth of $6.7 billion, the 59-year-old entrepreneur ranks as the richest Black person in America, according to Forbes. The Broncos sale could fetch a record $4 billion or more, which would make it the richest team sale in U.S. sports history.
Smith grew up in Denver. He founded Vista Equity Partners in 2000 and still serves as the company’s chairman and CEO. As of September, the private equity firm had $86 billion in assets under management.
I think this would be great for the NFL. The NFL needs to diversify. I think it would be great to see!
NFL Draft Diamonds was created to assist the underdogs playing the sport. We call them diamonds in the rough. My name is Damond Talbot, I have worked extremely hard to help hundreds of small school players over the past several years, and will continue my mission. We have several contributors on this site, and if they contribute their name and contact will be in the piece above. You can email me at nfldraftdiamonds@gmail.com