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Penner Sports Group Buys Rockies Stake, Hopes for Turnaround
Description
The Penner Sports Group, led by Broncos owners Carrie Walton Penner and Greg Penner, has acquired a 40% stake in the Colorado Rockies, making them the largest minority owners. This move comes as the Rockies face a disastrous contract with Kris Bryant, a seven-year, $182 million deal. The Penners investment could provide much-needed cash to a team that has lost over 100 games for three consecutive seasons. Bryant, despite being a likable player, has struggled with injuries and underwhelming performance. The Penners influence could help the Rockies navigate the challenging financial landscape of the division, potentially leading to a turnaround similar to the Broncos post-Russell Wilson era.
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