Breaking News: Denver Broncos’ Rob Walton Officially Releases Greg Penner from His Duties Over Russell Wilson Trade Fallout
In a stunning development, Denver Broncos owner Rob Walton has officially removed Greg Penner from his leadership duties, citing the fallout from the trade involving quarterback Russell Wilson.
The move comes after the Broncos’ high-profile acquisition of Wilson from the Seattle Seahawks, which failed to deliver the expected success. The trade, one of the most significant in NFL history, saw Denver part with multiple draft picks and players in hopes of securing long-term stability at quarterback. However, poor on-field performance and massive financial implications have led to internal turmoil within the franchise.
While Penner had been serving as the Broncos’ CEO and key decision-maker, Walton’s decision signals a shift in ownership’s confidence in his leadership. Sources suggest this move aims to reset the front office’s direction after consecutive disappointing seasons.
The Broncos have yet to announce who will assume Penner’s responsibilities, but changes within the organization are expected as the team looks to move forward from the Wilson era. More details will follow as this story develops.