Inside Byron Allen’s impressive wealth as mogul hopes to score Denver Broncos
By Ava Barnes
Byron Allen is eyeing up NFL’s Denver Broncos and, according to Bloomberg, is set to make a bid for the team.
Allen is a former TV host and comedian, who went on to become an incredibly successful media mogul, and now he’s venturing into the NFL world.
According to The New York Post, Allen is leading a group of investors who are expected to submit a bid for the team in the $3 billion – $4 billion range.
As Byron Allen hopes to touchdown on a Broncos deal, we’re exploring his impressive net worth and career.
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TV host turned mogul hopes to make bid
In talks with Bloomberg, media mogul Byron Allen explained his plans to make a bid on NFL team Denver Broncos.
Allen shared: “NFL commissioner Roger Goodell and New England Patriots owner Robert Kraft came to me in November of 2019 and asked me to take a good look at buying an NFL team.
“And after serious consideration, I strongly believe I can help effectuate positive changes throughout the league. And for that reason, I will be making a bid for the Denver Broncos.”
Allen, who is the CEO of Allen Media Group, is leading a group of investors, who are expected to submit a bid in the $3 billion – $4 billion range. The club was valued at $3.75 billion last year by Forbes.
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Byron Allen’s net worth explored
According to Celebrity Net Worth, Byron Allen’s net worth is an estimated $450 million.
Allen started as a stand-up comedian, appearing on The Tonight Show Starring Johnny Carson at just 18-years-old.
The then-comedian went on to co-host a show called Real People, learning as much as he could about producing, directing, advertising, and the entertainment industry. By 1993, Byron launched a series named Entertainers with Byron Allen.
Later in life, the 60-year-old ventured into the world of business and founded Allen Media. The company holdings include The Weather Channel and more than two dozen local television stations.
Allen is now recognised as one of the most powerful media moguls in the United States.
Byron Allen has competition
If Byron Allen wants to secure the Denver Broncos, he’s going to have to put in quite the impressive bid.
According to The New York Post, John Elway and Peyton Manning, retired quarterbacks, are also set to make bids on the team.
Likewise, it has been reported that NFL owners are suggesting Robert F. Smith should make a bid for the Broncos.
