It was announced that a group headed by Walmart heir Rob Walton would buy the Denver Broncos, pending approval from the league.
One of the group members, a businesswoman named Mellody Hobson, is set to become the first Black female NFL minority owner. Also in the group is Walton’s daughter, Carrie Walton Penner, and his son-in-law Greg Penner, who will become minority owners as well.
At 53 years old, Hobson has built an impressive resume. The Princeton University grad is the president and co-CEO of Ariel Investments and the chairwoman of Starbucks Corporation. She previously held a position at DreamWorks Animation as a chairwoman as well.