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Broncos ownership battle continues: Pat Bowlen’s oldest daughters challenge validity

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  • Butler By'Note
    replied
    Originally posted by dizzolve View Post
    Seems like Pat wanted the team in trust until one of his kids was ready. Aren't 1 or 2 ready now but the board doesn't want to relinquish control? I don't know what's going on to be honest. I watch football.

    Is there any chance these lawsuits would shake up change from Ellis down?
    The Trust was given specific criteria the children must meet in order to be in contention to be the majority owner (from everything I've read it's not just a meet the criteria, get the team scenario, but meet the criteria to even be considered) and the trust has been given the role of selecting that owner, or a sale. The Trust is 3 people and Ellis is just 1 of them, so he could be overruled if he weren't acting in the best interests of the franchise.

    As for the lawsuits, they seem like a desperation move. And with the NFL continuing to have the ability to decide who does and who doesn't own one of their franchises, I'm not sure they'll be too happy about this move, if the lawsuit were to be successful. But again it seems like a Hail Mary, and with Mike Florio at PFT (a lawyer by trade) saying that the two daughters risk being excluded from any inheritance by challenging the will, it seems like a very high risk Hail Mary.

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  • Butler By'Note
    replied
    Originally posted by Hadez View Post
    To add on this.

    The NFL is having a real hard time selling Charger home game tickets. I think they will think hard about allowing a team to move that has great home attendance record.

    Even if the Bowlens sell the Broncos the league will have to approve any major change the new owner wants to do.
    And to add to what you added, why would a new owner want to step in and take a team that's doing quite well economically and move them to another location? What's the magic location they could move to that would provide better revenues?

    London? It would seem Jacksonville wants that market eventually.
    Toronto? Will never happen. The fans there are fair-weather to every team, except for the Maple Leaves. They don't have a stadium, nor a government willing to pay for a stadium. And the owners who have the money to buy the team, and pay for a stadium (Rogers, Bell and the Ontario Teachers Pension Plan) can't own a team because league by-laws forbid a corporation from owning a team.

    San Antonio? Texas is a big football market, but it's very very unlikely the Cowboys or Texans would allow another team into their territory.

    St.Louis? They just lost their second NFL franchise, unlikely they'd ever get a third chance.

    San Diego? Again you get into stadium issues, and the city not willing to build one. Add to that the two teams in LA won't be happy about another team moving into their backyard.

    Other than that, which city in the US is capable of having the market to support a team, a fanbase that will be rabid about the team and a stadium to house the team?

    Leave a comment:


  • dizzolve
    replied
    Seems like Pat wanted the team in trust until one of his kids was ready. Aren't 1 or 2 ready now but the board doesn't want to relinquish control? I don't know what's going on to be honest. I watch football.

    Is there any chance these lawsuits would shake up change from Ellis down?

    Leave a comment:


  • mainBroncos60
    replied
    Some people are natural-born leaders, and some are not. Apparently Mr. Bowlen was one of the really good ones; Ellis & Elway--not so much. I don't know if anyone in the Bowlen family will be as good, but hopefully, whoever is chosen, will have inherited some of those leadership genes from their daddy.

    Leave a comment:


  • Hadez
    replied
    Originally posted by simplistickhaos View Post
    Couldn’t agree more. They aren’t going to move the team.
    To add on this.

    The NFL is having a real hard time selling Charger home game tickets. I think they will think hard about allowing a team to move that has great home attendance record.

    Even if the Bowlens sell the Broncos the league will have to approve any major change the new owner wants to do.

    Leave a comment:


  • BroncosDivision
    replied
    Originally posted by simplistickhaos View Post
    Couldn’t agree more. They aren’t going to move the team.
    Denver Broncos are currently worth $3 billion USD – in spite of no additional revenues (yet) from a) entertainment complex and/or b) property investments. The stadium is also aging and closing in on 20 years, which is a big factor in deciding the value of a sports franchise.

    The franchise is doing exceptionally well as a company and would catapult into a top five spot (currently no. 11 out of 32) with a new stadium and entertainment complex, the latter being in the works. Denver Broncos is number one in performance (worth) when compared to its peers and very close to breaking top ten.

    Top 10 teams all reside in the country's biggest markets, but again, Denver is a unicorn and has a bigger market than one would assume, which is why it's able to retain such a high spot.
    Last edited by BroncosDivision; 09-14-2019, 11:33 PM.

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  • Hadez
    replied
    I think the owners, like Jerry Jones, will be concerned about what if their team came under the same situation. Would Jerry want someone like Joe Ellis to be making the decisions or his son?

    To me...I do realize Joe Ellis has ties to the Broncos but he also has ties to the NFL. I see him as a representative of the NFL in charge of the Broncos.

    To me Pat Bowlen was the Broncos. His family deserves to either be given control of the team or to have a legal realistic timeline with goals in which they get control of the team.

    If that realistic goal based timeline does not exists after all these years since 2009 than I would be ok with the courts ripping the Broncos away from the NFL and giving the Broncos to the Bowlen family whom I think deserves to be in charge of the Broncos.

    I am very familiar with how large world wide corporations are run having worked for multiple corporations that everyone would recognize for 20 years. No one I know would want a corporation involved in family assets after a death of a senior member of their family. I know the NFL and their teams are a different beast but the team is still an asset owned by the family.

    This trust which takes ownership away from the family needs to be temporary with CLEAN and REALISTIC LEGAL documentation as to how the Bowlens' get the Broncos in their control.

    There is risk associated with this but the Bowlen family deserves this. This team is what it is today because of Pat. The NFL is what it is today in large part because of Pat. To deny the Bowlens is just wrong.
    Last edited by Hadez; 09-14-2019, 04:36 PM.

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  • Hadez
    replied
    Originally posted by simplistickhaos View Post
    The fact that this concern took 5 years for them to address and 10 years for them to bring to a legal issue will raise a lot of eyebrows in a court of law.

    If this was truly a concern of the kids, why did it take so long for them to come forward and say they were worried about their fathers mental state at the time he put the trust into effect??

    Honestly, none of this became a concern till Brittany was essentially named as the child that was the favorite to take over the team.
    Originally posted by dizzolve View Post
    Timing can't be coincidence ........ week 1. can it

    Honestly I think his death is what is bringing this to the front. From what I have read the family came together more after the HoF ceremony where before I think some of them were just concerned with taking care of Pat as best they could in his final days.

    Leave a comment:


  • simplistickhaos
    replied
    Originally posted by BroncosDivision View Post
    Relocate where?

    Denver is the crown jewel of a rapidly growing Front Range Urban Corridor, home to 5 million people with 98% residing in Colorado – with no local competition. Broncos is a bit of a unicorn due to its geographic location and has a huge following in many neighboring states. In total, the market exceeds 13 million people. The parking lots around Mile High are also being rezoned and developed into a new high-density mixed-use neighborhood of downtown Denver. You could literally relocate to New York and the owner would be worse off.
    Couldn’t agree more. They aren’t going to move the team.

    Leave a comment:


  • simplistickhaos
    replied
    The fact that this concern took 5 years for them to address and 10 years for them to bring to a legal issue will raise a lot of eyebrows in a court of law.

    If this was truly a concern of the kids, why did it take so long for them to come forward and say they were worried about their fathers mental state at the time he put the trust into effect??

    Honestly, none of this became a concern till Brittany was essentially named as the child that was the favorite to take over the team.

    Leave a comment:


  • dizzolve
    replied
    Timing can't be coincidence ........ week 1. can it

    Leave a comment:


  • BroncosDivision
    replied
    Originally posted by Sam_Z View Post
    My only concern with this whole thing is the idea or chance of the league stepping in and forcing a sale.

    A new owner could attempt to relocate the team and I’m sure nobody in Denver wants that however I have just been informed that Roger Goodell will not step in and force the sale at this point in time due to the annoyance of other NFL owners, who remain very loyal to Pat.
    Relocate where?

    Denver is the crown jewel of a rapidly growing Front Range Urban Corridor, home to 5 million people with 98% residing in Colorado – with no local competition. Broncos is a bit of a unicorn due to its geographic location and has a huge following in many neighboring states. In total, the market exceeds 13 million people. The parking lots around Mile High are also being rezoned and developed into a new high-density mixed-use neighborhood of downtown Denver. You could literally relocate to New York and the owner would be worse off.

    Leave a comment:


  • Sam_Z
    replied
    Originally posted by Butler By'Note View Post
    There's also the inconvenient truth that this isn't some quick scam that a relative pulled in trying to get a fake will. In order for the trust to have been created the NFL owners had to change their by-laws. So you've got Pat Bowlen's lawyers, and the trustees, the Broncos personal in-house attorneys and outside council, who would have done this. Along with several NFL higher-ups and of course a bevy of NFL attorneys and then ultimately all of the NFL owners who signed off on this.

    If what they're saying is true, the entire thing (the conspiracy) would have had to have been signed off on and furthered by dozens and dozens of people, most of whom are lawyers that have nothing to do with the Broncos nor the three trustees. And if this were truly something they were worried about, why didn't they start pursuing this back in 2009? Or 2016 when the Trust was first brought to light? Instead it was only in mid 2018 (when it became apparent Ms. Bowlen-Wallace wouldn't gain control of the team) that this became a problem.

    Much like the first lawsuit, this one has a lot of holes in it. At least they have standing to bring the suit, but I think this one ultimately gets dismissed once it becomes apparent the number of independent people that had to sign off on this plan for it to become reality.
    Word around denver is that there is a strong chance that the league will step back and allow the Douglas County court system to make a ruling.

    I’m not one to believe anything that woody Paige says but I do hold Sandy Clough in very high regard and concerning Mr. B’s health as far back as 2009, both have said that Pat Bowlen himself told them back at that time that he was having memory trouble.

    Now both Clough and Paige as well as local media that consist of Orlando Franklin, Tyler Polumbus and Tom Nalen have All said that the trust/Joe Eliss dislikes them to great extents. Guess maybe they air too much personal laundry on air but anyway, any one of these guys could come forward against the trust/Eliss if called upon.

    I do work somewhat close to them and I will tell you that Orlando told me just today that if not for Joe Eliss, he’d still be playing RT for the Denver Broncos. I know I really shouldn’t put that here but I think it’s worth a mention considering the situation.
    Last edited by Sam_Z; 09-13-2019, 10:19 PM.

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  • EddieMac
    replied
    Originally posted by Butler By'Note View Post
    There's also the inconvenient truth that this isn't some quick scam that a relative pulled in trying to get a fake will. In order for the trust to have been created the NFL owners had to change their by-laws. So you've got Pat Bowlen's lawyers, and the trustees, the Broncos personal in-house attorneys and outside council, who would have done this. Along with several NFL higher-ups and of course a bevy of NFL attorneys and then ultimately all of the NFL owners who signed off on this.

    If what they're saying is true, the entire thing (the conspiracy) would have had to have been signed off on and furthered by dozens and dozens of people, most of whom are lawyers that have nothing to do with the Broncos nor the three trustees. And if this were truly something they were worried about, why didn't they start pursuing this back in 2009? Or 2016 when the Trust was first brought to light? Instead it was only in mid 2018 (when it became apparent Ms. Bowlen-Wallace wouldn't gain control of the team) that this became a problem.

    Much like the first lawsuit, this one has a lot of holes in it. At least they have standing to bring the suit, but I think this one ultimately gets dismissed once it becomes apparent the number of independent people that had to sign off on this plan for it to become reality.
    Completely agree.... but it’s so distasteful. Dogs fighting over ( very large ) crumbs....

    Leave a comment:


  • Butler By'Note
    replied
    Originally posted by EddieMac View Post
    It’s sad they are trying to use their fathers disease against the team... this is in-winnable unless there many concrete examples of his incompetence back then, which probably would have surfaced at the time...
    There's also the inconvenient truth that this isn't some quick scam that a relative pulled in trying to get a fake will. In order for the trust to have been created the NFL owners had to change their by-laws. So you've got Pat Bowlen's lawyers, and the trustees, the Broncos personal in-house attorneys and outside council, who would have done this. Along with several NFL higher-ups and of course a bevy of NFL attorneys and then ultimately all of the NFL owners who signed off on this.

    If what they're saying is true, the entire thing (the conspiracy) would have had to have been signed off on and furthered by dozens and dozens of people, most of whom are lawyers that have nothing to do with the Broncos nor the three trustees. And if this were truly something they were worried about, why didn't they start pursuing this back in 2009? Or 2016 when the Trust was first brought to light? Instead it was only in mid 2018 (when it became apparent Ms. Bowlen-Wallace wouldn't gain control of the team) that this became a problem.

    Much like the first lawsuit, this one has a lot of holes in it. At least they have standing to bring the suit, but I think this one ultimately gets dismissed once it becomes apparent the number of independent people that had to sign off on this plan for it to become reality.

    Leave a comment:

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