Does Elway still own the Denver Broncos?

Written by Editorial Team | Last Updated: August 2026

John Elway does not own the Denver Broncos, as his long-standing professional association with the franchise as a player, general manager, and executive concluded following a planned organizational transition. When the team was officially sold to the Walton-Penner family ownership group, Elway stepped away from day-to-day front-office operations, leaving sole ownership and control in the hands of the new multi-billionaire ownership consortium.

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