Condoleezza Rice, former Secretary of State, joins Denver Broncos ownership group
Ricky Gray | July 12, 2022
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Rice received a bachelor's degree and her doctorate from the University of Denver.
After spending her childhood in Denver, former U.S. Secretary of State Condoleezza Rice has now joined the incoming ownership group for the Denver Broncos.
Rice not only spend time as the U.S. Secretary of State but also served as the national security adviser. She received her bachelor’s degree and doctorate from the University of Denver as well.
In a statement, Rice said: “It is an honor to be part of this ownership group. Football has been an integral part of my life since the moment it was introduced to me, and I am thrilled to be a part of the Broncos organization today.”
The statement continued: “I spent much of my younger years in Denver, so to be able to combine my love of the game with my love for this great city and team is an adventure of a lifetime and a great opportunity.”
Back in June, the group led by Walmart heir Rob Walton, including Walton's daughter, Carrie Walton Penner; her husband, Greg Penner; and Mellody Hobson, co-CEO of Ariel Investments and chair of the board for Starbucks Corp., agreed to purchase the Broncos for $4.65bn.
Walton said: “We're pleased to welcome former Secretary of State Condoleezza Rice to our ownership group. A highly respected public servant, accomplished academic and corporate leader, Secretary Rice is well known as a passionate and knowledgeable football fan who has worked to make the sport stronger and better.”
Walton added: “She is the daughter of a football coach and served on the inaugural College Football Playoff Committee. ... Her unique experience and extraordinary judgment will be a great benefit to our group and the Broncos organization.”
The sale of the team is still under review by the NFL and the other owners. For it to be approved, twenty-four yes votes are needed over the next few weeks.