Update: Rob Walton Reportedly to Become New Owner of the Denver Broncos

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Update: Rob Walton Reportedly to Become New Owner of the Denver Broncos
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Walmart heir Rob Walton is the reported winner in the bidding war for the Denver Broncos. Meet him here.

's, reported on a demonstration at his home in the aptly named community of Paradise Valley regarding"claims of low wages, erratic scheduling and retaliation against employees" who dared to raise their voices; among other things, participants called for"a minimum pay of $25,000 per year for full-time work to provide for their families.

Even the lowest-paid Broncos make many times that amount, of course. The NFL minimum salary is expected to beGiven Walton's age and the fact that he's been retired for seven years, there's plenty of doubt that he'd be interested in serving as a hands-on owner of the Broncos — leading to speculation that Penner, who's 52, would be much more involved. And while Walton faces competition for the team, he should be able to outspend any of his likely rivals.

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