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Former Secretary of State Condoleezza Rice joins Denver Broncos' new ownership group
Former U.S. Secretary of State Condoleezza Rice has joined the incoming ownership group for the Denver Broncos. Rice, who has also served as the national security adviser as well as provost of Stanford University, lived in Denver during her childhood and received a bachelor's degree and her doctorate from the University of Denver.
In June, a group led by Walmart heir Rob Walton that includes 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 $4.65 billion.
In a statement Monday, 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.
"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," Rice said in a statement posted on social media. "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."
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