ELWAY NIXES TALK OF HIM BUYING INTO BRONCOS
The $82.5M in stock Broncos QB John Elway reaped from
the sale of his car dealerships to Republic Industries "is
money that eventually could be put down to purchase a
portion of an NFL team, possibly even the Broncos,"
according to Adam Schefer of the DENVER POST. Elway, on the
possibility: "Maybe it's a natural." However, Elway said
that he "has not, in any way, broached the issue with
Broncos owner Pat Bowlen. Nor does he intend to at any
point in the near future." Bowlen: "I'm a little upset with
(the media) because that's obvious sensationalized
speculation. John's made a business deal, and what he does
on into the future is John's business" (DENVER POST, 10/30).
In Denver, columnist Mark Obmascik: "Turning No. 7 into the
public face of the Broncos ownership is the No. 1 way that
Bowlen can win voter approval for his new taxpayer-financed
football stadium. Coloradans trust John Elway a lot more
than Pat Bowlen. ... Bowlen's arrogance is one of the main
reasons why the new stadium is crashing in the public
opinion polls. He somehow has made it cool for Coloradans
to root for the Broncos on the field while rooting against
them at the ballot box" (DENVER POST, 10/30).