A possible sale of the Denver Broncos has become much more likely due to a court ruling. Previously, an explosive clause prevented any real bidding.

Denver/Munich – A possible sale of the Denver Broncos has become more likely due to a court ruling.

A Denver court ruled Tuesday that there is no way to match an initial offer to buy the franchise. More specifically, it’s about the agreement between Edgar F. Kaiser Jr. and Patrick D. Bowlen, which the court said is “no longer valid.”

Kaiser had sold the team to Bowlen in 1984 and had a clause written into it that allowed him to match any offer to buy the Broncos. Down the road, he could then have resold the franchise for a much higher price. That clause is now history.

As President Joe Ellis stated, the Broncos plan to comment on the ownership issue shortly. There are many indications that the franchise is for sale. Without the clause, a real bidding war for the Colorado team is likely to ensue.