Condoleezza Rice, a former U.S. Secretary of State and former NFL heir apparent Rob Walton, is joining the Denver Broncos Ownership team, which has been linked to various NFL roles. New owners have been announced Monday.
Rice, 67, is the director of the Hoover Institute at Stanford University. She had previously been nominated for NFL Commissioner and once associated with Cleveland Browns as head coach, she and the team were soon dismissed. She was the first member of the college football selection committee.
“Her unique experience and extraordinary judgment will be of great benefit to our team and the Broncos,” Walton said.
The amount of investment in Franቻois is unknown.
“It’s a great honor to be a member of this ownership team,” Rice said in a statement released by the Hoover Institute. Today part of the Broncos. I’ve spent most of my youth in Denver, so being able to combine my passion for the game with my love for this great city and team is a lifetime achievement and a great opportunity. “
Rice became the first black woman to replace Colin Paul in January 2005 as secretary of state. She served until January 2009.
Walton’s team He agreed in June to buy Broncos $ 4.65 billion from Pat Bowlen Trust, according to someone familiar with the sales deal. The deal will eventually be approved by NFL team owners.
At the end of the deal, Ariel Investment CEO Melody Hobson announced that he had agreed to join the ownership group. Hobson, a black man, is the board chairman of Starbucks Corporation and the director of JPMergan Chess.
NFL owners He approved the decision in March Approving the difference in franchise ownership.