The Penner Sports Group, led by Carrie Walton Penner and Greg Penner—who are part of the Walton-Penner family ownership group that also purchased the National Football League's Denver Broncos—acquired a massive 40% minority ownership stake in the Colorado Rockies. Formally approved by Major League Baseball and announced by Rockies leadership, this landmark transaction made the Penner group the largest minority partner in the baseball franchise. The strategic investment provided an immediate financial boost, enabling the franchise to clear existing organizational debt and establish broader commercial stability while leaving day-to-day baseball operations under the management of the Monfort family.