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via Getty

via Getty

When the Pat Bowlen trust revealed that the Denver Broncos franchise is available for grab, multiple entities came forward. The Broncos, being one of the most interesting teams in the NFL, made some major offseason splash this year. While many bidders have reportedly joined the race, Magic Johnson is also joining one group tendering for the franchise.

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The Broncos have a massive valuation in the NFL, as it is one of the league’s bellwether franchises. With 3 Super Bowl triumphs, the Denver-based team grabs major attention in recent times. They have failed to make the playoffs for six years and have ranked last in the AFC West for the last two. The fans expect the Broncos to return to dominance in the division this year after signing Russell Wilson, one of the league’s top quarterbacks.

Magic Johnson, a 5-time NBA champ, has decided to enter the tender process to gain the NFL’s Denver Broncos. The veteran Los Angeles Lakers athlete has formed a consortium headed by Philadelphia 76ers co-owner Josh Harris, according to Sportico.

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The NBA legend has invested in multiple major league sports league clubs, including the LA Dodgers of MLB, LAFC of MLS, and the LA Sparks of the WNBA, and is presently seeking partial ownership of an NFL franchise.

Earvin “Magic” Johnson’s contribution to the bidder party attempting to purchase the club, which is valued at roughly $3.8 billion, has still not been disclosed. If purchased, it will almost certainly become the most expensive sports organization in recent history.

The new announcement of Magic Johnson didn’t excite NFL fans

When reports state that news that Magic Johnson is joining a bidding group for the Broncos, it didn’t compel all the NBA and NFL fans.

CBS Reporter Ben Becker points out that the titles appear to be extremely deceptive. He also says Magic is merely smoke and mirrors to generate buzz.

A user believed that the NFL had a regulation prohibiting proprietors from owning franchises in other sports in locations other than the one in which they own an NFL team.

A user understands the concept of diversity. But questions Magic Johnson’s understanding of pro football.

Nobody will be able to stop Rob Walton from buying the Broncos, according to one user.

A user has a favorable attitude regarding the recent revelation, expecting that it will be fantastic.

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But, in the end, it all revolves around money. In other words, whichever faction has the best of the situation. No NFL ownership will accept a team for much less than the best possible price.

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