Broncos Owners Acquire Stake in Rockies

Penner Sports Group buys 40% share of Colorado MLB franchise.

Apr. 11, 2026 at 2:10am

Got story updates? Submit your updates here. ›

A cubist, geometric painting depicting a baseball game or match, with players and the field broken down into overlapping angular shapes and planes in vibrant colors.The Penner Sports Group's acquisition of a 40% stake in the Colorado Rockies signals a new era of cross-pollination between the state's top sports franchises.Denver Today

Denver Broncos owners Greg Penner and Carrie Walton Penner have officially become minority owners of the Colorado Rockies baseball team. The Penners have acquired approximately a 40% stake in the Rockies, a franchise valued at $1.68 billion by Forbes. The deal has been approved by Major League Baseball.

Why it matters

This move brings together two of Colorado's most prominent sports franchises under shared ownership, potentially leading to synergies and cross-promotional opportunities. It also provides the Rockies with a financial boost to help improve the fan experience at Coors Field and invest in the team's long-term competitiveness.

The details

The investment from the Penner Sports Group allows the Rockies to retire all outstanding debt and enhance the fan experience at their 31-year-old ballpark in downtown Denver. Rockies chairman and CEO Dick Monfort and owner/general partner Charlie Monfort will continue in their roles, with Walker Monfort remaining as team president.

  • The ownership deal was officially announced on Friday, April 11, 2026.
  • The Rockies entered the 2026 season on Friday with a 6-7 record under manager Warren Schaeffer.

The players

Greg Penner

Co-owner of the Denver Broncos and now a minority owner of the Colorado Rockies.

Carrie Walton Penner

Co-owner of the Denver Broncos and now a minority owner of the Colorado Rockies.

Dick Monfort

Chairman and CEO of the Colorado Rockies, who will continue in his role after the ownership change.

Charlie Monfort

Owner and general partner of the Colorado Rockies, who will continue in his role after the ownership change.

Walker Monfort

President of the Colorado Rockies, who will remain in his role after the ownership change.

Got photos? Submit your photos here. ›

What they’re saying

“Greg and Carrie have proven that they share the same passion for our region and a strong commitment to compete at the highest level. We are thrilled to add them to the Colorado Rockies' ownership group as we best position this franchise for long-term sustained success.”

— Dick Monfort, Chairman and CEO, Colorado Rockies

What’s next

The Rockies will look to leverage the Penners' resources and expertise to improve the team's on-field performance and fan experience at Coors Field.

The takeaway

This deal brings together two of Colorado's most prominent sports franchises under shared ownership, potentially leading to synergies and cross-promotional opportunities that could benefit both the Broncos and the Rockies in the long run.