It’s been a season of big changes for the Colorado Rockies, and tonight is no different. According to Woody Paige of the Denver Gazette, Dick and Charlie Monfort may be planning to sell even more of the team to the Penner Sports Group, who joined the ownership group in April by purchasing 40% of the club.
Paige writes, “According to multiple sources, the Penners and Waltons intend to take over the 30-season-old club when and if Major League Baseball returns sometime in 2027.” They are looking to purchase
35% more of the team, bringing their total ownership stake to 75%. However, the Monforts will likely remain on as minority owners, keeping around 20%, according to Paige.
This comes on the heels of Stan Kroenke buying the Angels, after apparently trying to buy the Rockies.
This is a developing story and Purple Row will provide more information as it becomes available.
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