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The Broncos Denver Broncos, Broncos Owner Bill Bowlen, brother of Broncos owner Pat Bowlen, Joe Ellis, Rich Slivka and Mary Kelly, according to Nicki Jhabvala of The Athletic.
Pat Bowlen, who is a member of the Broncos Association for Alzheimer's, is a member of the Board of Trustees.
Bill Bowlen reportedly stands to gain nothing financially with the petition, which could eventually play a role in deciding which of Pat Bowlen's seven children will take control of the team.
What led to the Broncos ownership lawsuit?
Rewind back to 2013, when Pat Bowlen officially stepped away from his role as the controlling owner of the Alzheimer's team.
In his place, the three trustees were in charge of running the team and executing the owner's long-term succession plan, in which his seven children retain control of his team. Of those seven, they would be ready to run to a billion-dollar franchise.
The trustees reportedly outlined what criteria those children would have to meet:
In February 2015, the trustees sent a letter to Annabel Bowlen, Pat's Wife, and His Seven Children, outlining the criteria that they had to be considered before. But there are more specific requirements, like a bachelor's degree or MBA degree, and five years of "senior management experience" with the NFL, or Broncos or the Stadium Manage Company, which runs the team's home stadium.
One of those children, Beth Bowden Wallace, stepping forward this year to becoming a controlling owner. Beth, Pat's second-oldest child at 47 years old, was considered to be a major contributor, spending three years in the Broncos' director of special projects and earning a law degree from the University of Denver.
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Bill Bowlen threw his support behind Beth, "" "" "" "" "" "" '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' ' -reactid = "32"> Bill Bowlen threw his support behind Beth"" "" "" "" "" "" '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '' '
Despite Beth's qualifications and Bill's support, the three trustees rejected her bid, saying she is "not capable or qualified at this time."
According to The Athletic, Ellis reportedly prefers Brittany Bowlen, Pat's second-youngest child at 28 years old, as a successful candidate. Brittany holds an MBA from Duke and works full-time for McKinsey & Co. Consulting in Denver.
Bill Bowlen has been filed for complaint, castigating the trustees for allegedly ignoring his brother's wishes and holding conflicts of interest.
In response, the trustees released a statement that Bill Bowlen and Beth Bowlen Wallace share an attorney, possibly another conflict of interest in this situation.
And here we are.
Who could end up owning the Broncos?
Beth and Brittany, they are reportedly fighting for the controlling ownership stake, not actual ownership of the team. The Athletic reports that it is believed to be of equal importance in the team, but only one of the top decision makers.
However, Ellis also reportedly insinuated before training this year that the team could be sold, another variable in an already complex equation.
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "One more variable is Bill Bowlen claiming that Pat Bowlen did not have the required capacity to set the trust in 2009 when he places Ellis, Slivka and Kelly in charge of the team in his absence. "data-reactid =" 45 "> One more variable is Bill Bowlen claiming that Pat Bowlen did not have the required capacity to set the trust in 2009 when he places Ellis, Slivka and Kelly in charge of the team in his absence.
Clearly, this could go in any number of ways. Full control over one of the NFL 's 32 teams is possibly at stake, and that' s one of the greatest intrigue in Denver.
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