BBREAKING: Broncos owners buy 40% ownership stake in the Rockies
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The DNVR Colorado Rockies Podcast breaks down the explosive news that the Penner Sports Group, owners of the Denver Broncos, have acquired a 40% minority stake in the Colorado Rockies. Hosts Spencer and Lux express disbelief and euphoria, calling it a historic moment that could transform the franchise. They analyze the implications of this move, emphasizing the financial flexibility it provides the Rockies, especially in the context of the upcoming 2027 Collective Bargaining Agreement (CBA) and potential salary cap. While acknowledging the Rockies still face challenges, the hosts argue this ownership shift signals a new era of hope, stability, and competitiveness. The Penner Group’s proven success with the Broncos—turning a struggling franchise into a Super Bowl contender—lends credibility to the belief that the Rockies can now be taken seriously as a legitimate MLB team. The hosts also praise the current Rockies team’s strong start, noting improved pitching, a more competent front office, and a renewed sense of fun and optimism among fans. They caution against overhyping immediate playoff contention but celebrate the long-term potential and the symbolic shift from being a laughingstock to a team with a seat at the adult table in baseball. Key takeaways include: 1) The Penner Group’s investment provides much-needed financial flexibility, allowing the Rockies to compete beyond their traditional mid-market constraints; 2) The new ownership structure signals a top-down transformation, with Walker Monfort retaining day-to-day control but now backed by a wealthy, results-driven partner; 3) The Rockies’ current on-field performance—strong pitching, competitive games, and a winning culture—validates the front office’s rebuild and makes this ownership change even more meaningful; 4) While immediate playoff contention is unlikely, the foundation is now in place for sustained improvement; 5) The move may help attract better players, new sponsorships, and renewed fan engagement, especially among casual and returning fans. The hosts remain cautiously optimistic, emphasizing that while money isn’t everything, it’s a crucial piece of the puzzle—and now the Rockies finally have it.
The Penner Sports Group's 40% ownership stake in the Rockies provides unprecedented financial flexibility, enabling the team to compete beyond traditional mid-market constraints.
This move marks a top-down transformation: the Rockies now have a wealthy, results-driven ownership partner with proven success (the Broncos), signaling a new era of ambition.
The current Rockies team’s strong start—led by elite pitching and a competent front office—validates the rebuild and makes the ownership change even more impactful.
While immediate playoff contention is unlikely, the foundation is now in place for sustained improvement and long-term competitiveness.
The investment helps the Rockies absorb past financial missteps (like the Chris Bryant contract) and signals to players, fans, and the league that the organization is serious about winning.
Breaking News: Broncos Ownership Buys 40% of the Rockies
“This is the final straw and allowing them to come back and be Rockies fans because I, we hear, we hear you. And we said it in our video opening day, we said things do need to change around here. Well, they're changing for better or for worse. We'll find out, but I can't find a reason to be worse right now.”
The Impact of the Penner Group's Success with the Broncos
“I can tell you just from being a Broncos diehard fan and seeing what the, uh, the Montforts, the Penners have done with them the past couple of years. They're not fans of losing, right? They don't like to lose and they will do whatever it takes financially, which is all they can do.”
Financial Flexibility and the 2027 CBA Negotiations
“This gives the Rockies a balloon. It gives them a chance to have some flexibility so that they can spend at a higher clip. to compete with some of those other teams.”
The Current Rockies Team: A Competent and Competitive Unit
The hosts praise the current Rockies team’s on-field performance—especially their pitching, which has a 1.67 ERA—calling it a sign that the rebuild is working. They emphasize the joy and fun of watching a competitive team again.
The Future of the Rockies: From 'Kids' Table' to 'Adult Table'
“The Rockies have graduated from the kids' table with the plastic forks and the sippy cups to the glass cups and the expensive chinaware from your grandma. They're up there now.”
“The Rockies have graduated from the kids' table with the plastic forks and the sippy cups to the glass cups and the expensive chinaware from your grandma. They're up there now.”
“I can tell you just from being a Broncos diehard fan and seeing what the, uh, the Montforts, the Penners have done with them the past couple of years. They're not fans of losing, right? They don't like to lose and they will do whatever it takes financially, which is all they can do.”
“This is the final straw and allowing them to come back and be Rockies fans because I, we hear, we hear you. And we said it in our video opening day, we said things do need to change around here. Well, they're changing for better or for worse. We'll find out, but I can't find a reason to be worse right now.”
Hosts
Colorado Rockies
other
Penner Sports Group
organization
Denver Broncos
other
Walker Monfort
person
Dodgers
other
Coors Field
other
Dick Monfort
person
Paul DePodesta
person
Greg Penner
person
Patrick Saunders
person
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