Penner Sports Group Emerges as Largest Minority Owner of Colorado Rockies
The Penner Sports Group has become the largest minority owner of the Colorado Rockies, a significant development in Denver’s sports landscape. The announcement was made on Friday, marking a new chapter for the family entity of Carrie Walton Penner and Greg Penner.
Ownership Details
Majority ownership of the Rockies remains with Dick Monfort and Charlie Monfort. Walker Monfort will continue to oversee daily operations as team president. The Penner family expressed excitement about their new role in the franchise.
Statement from the Penners
In their statement, the Penners emphasized their commitment to the Denver sports community. They acknowledged the significance of the Rockies to the region and the passionate fan base. The statement highlighted their confidence in the team’s future.
- Owner Group: Penner Sports Group is now the largest minority owner.
- Majority Owners: Dick Monfort and Charlie Monfort continue to lead the team.
- Team President: Walker Monfort manages day-to-day operations.
- Purchase of Broncos: The Penners acquired the Denver Broncos in August 2022.
Future Prospects
The Penners anticipate a fruitful partnership with the Rockies and other league stakeholders. Their focus remains on the Denver Broncos, but they aim to be supportive partners to the Rockies and Major League Baseball.
As the Penner Sports Group joins the Rockies’ ownership, their involvement underscores a growing dedication to enhancing Denver’s sports culture. The family’s experience with the Broncos influences their enthusiasm for the Rockies and signals potential for positive development within the franchise.