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Fomer owner loses bid to buy part of the Broncos

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  • Fomer owner loses bid to buy part of the Broncos

    http://www.9news.com/sports/article....0981&catid=295


    DENVER (AP) - Former Denver Broncos owner Edgar Kaiser Jr. lost his latest bid to force current owner Pat Bowlen to sell him part of the team.

    The Colorado Court of Appeals Thursday refused to revive Kaiser's state case that was tossed out last year.

    Kaiser, who sold his 60.8 percent share of the team to Bowlen in 1984, lost his case in federal court in 2004 involving an offer to sell part of the team to Hall of Fame quarterback John Elway.

    Kaiser argued the 1984 contract included a "buyback" provision if Bowlen tried to sell the team or a partnership holding majority interest in the team to anybody else. The case in state court involved Bowlen's acquisition of an additional interest of the team.

    The state appellate court agreed the same legal issues in federal court also apply to the state case.
    Ask me about My Jesus and how to have a relationship with Him.

    Red Sox Mafia RLF4 Life! Boston 617 Strong!
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  • #2
    As far as I'm concerned, Kaiser can go straight to hell for sticking his nose into Bowlen's deal with John. It was only a 10% stake that John wanted at the time, and the ensuing publicity made him back out of it. Screw you, Kaiser.

    I want John to eventually be the owner of the team.
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    TZ

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    • #3
      Kaiser, what an A-hole! I remember when he came in he cleaned house by unceremoniously dumping a successful coach in Red Miller and bringing in Reeves, then getting rid of the popular "Pony Express" cheerleader squad and bringing in local high school cheerleaders. When Bowlen came in I was the happiest man on earth!!

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      • #4
        He does not want to by the Broncos, he just wants to stick it to Bowlen.
        Ask me about My Jesus and how to have a relationship with Him.

        Red Sox Mafia RLF4 Life! Boston 617 Strong!
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        • #5
          Must be sour grapes after selling an asset that blossomed into a billion plus on the books for Bowlen. Raise foot...kick self...

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          • #6
            Good, it's over.

            I'm surprised more people aren't posting about this.

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            • #7
              Me too.
              Ask me about My Jesus and how to have a relationship with Him.

              Red Sox Mafia RLF4 Life! Boston 617 Strong!
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              • #8
                Originally posted by rainmaker View Post
                Must be sour grapes after selling an asset that blossomed into a billion plus on the books for Bowlen. Raise foot...kick self...
                LOL i agree and also why sale one of the original AFL teams witch may i add this is one of the top ten most expensive franchises in the world acording to Forbes mag. only 2 teams not in the USA are in the top ten Real Madrid and FC Barcelona. If i was him id jump of a bridge.

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                • #9
                  Originally posted by stargazer View Post
                  Good, it's over.

                  I'm surprised more people aren't posting about this.
                  To be honest this is the first real mention I have heard about it ...

                  I guess I will have to up my game....I'm glad you posted it SS

                  By the looks of it I like the result...
                  :logo: :logo: :logo: :logo: :logo:

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                  • #10
                    Originally posted by LarryDean View Post
                    To be honest this is the first real mention I have heard about it ...

                    I guess I will have to up my game....I'm glad you posted it SS

                    By the looks of it I like the result...
                    I was shocked as well, I just happened to stumble on it myself.
                    Ask me about My Jesus and how to have a relationship with Him.

                    Red Sox Mafia RLF4 Life! Boston 617 Strong!
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                    • #11
                      Since this is likely one of the only times we will ever be discussing Edgar Kaiser for any reason, how about this quote of his, after The Trade with Baltimore:

                      "The worst thing that can happen is maybe he won't turn out to be better than Joe Namath"

                      Heh...
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                      TZ

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