[ESPN NFL Guru] Broncos owner submits plan in ownership battle

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Broncos still negotiating ownership caseDENVER -- Denver Broncos owner Pat Bowlen has offered to let
a former owner of the team buy a 10 percent stake in the team for
$15 million -- the same deal that quarterback John Elway was offered
in 1998. However, under the proposal filed in federal court, Bowlen would
have the right to buy that stake back from Edgar Kaiser for $20
million, plus 8 percent annual interest, in two years. Bowlen's proposal was filed Friday as part of an ongoing legal
battle over the team's...

http://sports.espn.go.com/nfl/news/story?id=1861036&CMP=OTC-DT9705204233
 

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