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Denver Broncos Owner Pat Bowlen Stepping Down

The season has yet to really get underway, but there is already some turnover in Denver–Broncos owner Pat Bowlen has announced he is stepping down.

@Broncos/Twitter

Why? The 70-year old Bowlen has said he is doing  it in order to deal with health issues. He also ackowledged that he is dealing with Alzheimer’s.

“It’s a really, really sad day,” Team president Joe Ellis said. “It’s sad for his family, his wife and his seven children. It’s sad for everyone in the organization. And it’s sad for all the Bronco fans who know what Pat Bowlen meant to them as an owner. It’s a day nobody wanted to see happen.”

Ownership has been placed in a trust–the Pat Bowlen Trust–that will be run by people outside of the family, but control of the team will reside with Ellis. The trust was set up over  decade ago with the express purpose of keeping ownership within the family long-term, but also to insure that the short-term operations of the team are not adversely affected in any way.

Bowlen has been in control of the team for the last three decades guiding it to six Super Bowl appearances and two wins both when current general manager and executive vice president of football operations John Elway was quarterback.

[DenverPost]

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