Broncos | Appeals court hears ownership dispute
The Associated Press reports a federal appeals court Wednesday, March 8, heard arguments over an ownership dispute of the Denver Broncos. Former owner Edward Kaiser Jr. is seeking to buy back a portion of the franchise under the terms of a 1998 offer to former NFL QB John Elway. Keiser has said that current owner Pat Bowlen has violated a provision in a sales contract that would have allowed Kaiser the right of first refusal when it comes to selling a portion of the team. Attorneys for Bowlen argued Wednesday that Elway was only offered corporate stock in the team.
2006-03-08 12:57:18 | Source:
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