Greg and Carrie Penner plan acquisition of majority stake in Colorado Rockies

Greg and Carrie Penner are expected to purchase an additional 35% stake in the Colorado Rockies. The couple, who own the Denver Broncos, already secured a 40% interest in the baseball club after covering remaining debt held by the team in April. This potential move depends on the resolution of the current collective bargaining agreement negotiations between Major League Baseball and the players association. The league faces significant uncertainty for the 2027 season due to a dispute over salary cap structures. Should the owners succeed in implementing a salary cap, the Penners will draw upon their experience managing salary cap constraints within the NFL. The Colorado Rockies have struggled on the field, though the team showed slight improvements during the 2026 season following a historically poor performance the previous year.

• 4:55 PMYahoo Sports — Woody Paige: Broncos' owners expected to acquire majority of Rockies