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Lewis Hamilton buys stake in NFL team Denver Broncos

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Denver, United States of America (USA)- Seven-time Formula 1 world champion, Lewis Hamilton, is set to be part-owner of the National Football League (NFL) team, the Denver Broncos.

In June, the Broncos and the Walton-Penner family, led by Walmart heir Rob Walton, entered into a purchase and sale agreement for the takeover of the team in a deal reportedly worth US$4.65 billion, a record for an American sports franchise.

According to the Walton-Penner Family Ownership Group, Hamilton will have an ownership stake when it completes its US$4.65billion takeover, which is set to be finalized on August 9.

“We are delighted to welcome seven-time Formula 1 World Champion Sir Lewis Hamilton to our ownership group. He is a champion competitor who knows what it takes to lead a winning team and a fierce advocate for global equality, including in his own sport.

With over 100 race wins, Lewis is considered the most successful F1 driver of all time. His resilient spirit and standard of excellence will be an asset to the ownership group and the Broncos organization,” said Rob Walton.

Hamilton also joins former United States Secretary of State Condoleezza Rice, who also has a stake in the franchise.

In April, Hamilton pledged investment into Premier League side Chelsea, by backing the Broughton consortium, but the club was eventually sold to a consortium led by Todd Boehly.

“Excited to join an incredible group of owners and become a part of the Broncos story! Honoured to work with a world class team and serve as an example of the value of more diverse leadership across all sports,” said Hamilton.

A collector of vintage cars, Walton made the motorsport headlines in 2012 when he crashed a US$15 million Shelby Daytona Cobra Coupe at Laguna Seca.

The Waltons are America’s richest family and the takeover, which needs to gain the approval of 24 of the 32 NFL owners on 9 August, would be a record for a US sports franchise

With a personal wealth of US$61.3 billion, Walton is listed by Forbesexternal-link as the 19th richest person in the world and would become by far the wealthiest NFL owner should his acquisition be approved.

The Broncos are three-time Super Bowl champions. However, since winning Super Bowl 50 in 2016, the Broncos have never made the playoffs, but the team has been tipped to perform strongly this season, which starts in September, this year.

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Sports betting roundup: NFL and college football were all about the favourites

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The past weekend of football was all about the favourites.

The favoured teams went 13-1 straight up and 10-4 against the spread in the NFL. In college football, the three most teams bet at the BetMGM Sportsbook in terms of number of bets and money all won and covered. All three were favourites.

Trends of the Week

The three most bet college teams that won and covered on Saturday were Ohio State (-3.5) vs. Penn State, Indiana (-7.5) at Michigan State and Oregon (-14.5) at Michigan. Penn State has now lost seven straight home games as underdogs. The Nittany Lions were up 10-0 in the first quarter and were 3.5-point favourites at the time. The Buckeyes won 17-10.

In the NFL, the three most bet teams in terms of number of bets and money were the Washington Commanders (-4) at the New York Giants, the Detroit Lions (-2.5) at the Green Bay Packers and the Buffalo Bills (-6) vs. the Miami Dolphins. All three teams won, but only two of the three covered the spread as Buffalo beat Miami 30-27.

When it came to the players with the most bets to score a touchdown on Sunday, only two of the five reached the end zone — Chase Brown (-125) and Taysom Hill (+185). David Montgomery (-140), Brian Robinson Jr. (+110) and AJ Barner (+500) did not score.

Upsets of the Week

The biggest upset in the NFL was the Carolina Panthers coming from behind to beat the New Orleans Saints 23-22. New Orleans closed as a 7-point favourite and took in 76% of the bets and 79% of the money in against-the-spread betting. The Saints fired head coach Dennis Allen following the loss. They have now lost seven straight games after starting the year 2-0.

Arguably the biggest upset in college football was South Carolina beating No. 10 Texas A&M 44-20 at home. Texas A&M closed as a 2.5-point favourite and took in 59% of the bets and 58% of the money.

Coming up

Right after the Los Angeles Dodgers beat the New York Yankees to win the World Series, odds for the 2025 World Series were released.

The Dodgers have the best odds at +400, while the Atlanta Braves and Yankees are next at +800.

The Baltimore Orioles and Philadelphia Phillies round out the top five, both at +1100.

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This column was provided to The Associated Press by BetMGM online sportsbook.

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AP sports:

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Longtime rivals Ovechkin, Crosby join Necas as NHL’s three stars of the week

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NEW YORK – Washington Capitals left-wing Alex Ovechkin, Carolina Hurricanes centre Martin Necas and Pittsburgh Penguins centre Sidney Crosby have been named the NHL’s three stars of the week.

Ovechkin had a league-leading five goals and nine points in four games.

The 39-year-old Capitals captain has 14 points in 11 games this season, and his 860 career goals are just 34 shy of Wayne Gretzky’s record.

Necas shared the league lead with nine points (three goals, six assists) in three games.

Crosby factored on seven of the Penguins’ eight total goals scoring four goals and adding three assists in three appearances. The 37-year-old Penguins captain leads his team with 14 points (five goals, nine assists) in 13 games this season.

Crosby and Ovechkin, longtime rivals since entering the league together in 2005-06, will meet for the 70th time in the regular season and 95th time overall when Pittsburgh visits Washington on Friday.

This report by The Canadian Press was first published Nov. 4, 2024.

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Oliveira, Mitchell named as finalists for CFL outstanding player award

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TORONTO – Running back Brady Oliveira of the Winnipeg Blue Bombers and Hamilton Tiger-Cats quarterback Bo Levi Mitchell are the finalists for the CFL’s outstanding player award.

Oliveira led the CFL in rushing this season with 1,353 yards while Mitchell was the league leader in passing yards (5,451) and touchdowns (32).

Oliveira is also the West Division finalist for the CFL’s top Canadian award, the second straight year he’s been nominated for both.

Oliveira was the CFL’s outstanding Canadian in 2023 and the runner-up to Toronto Argonauts quarterback Chad Kelly for outstanding player.

Defensive lineman Isaac Adeyemi-Berglund of the Montreal Alouettes is the East Division’s top Canadian nominee.

Voting for the awards is conducted by the Football Reporters of Canada and the nine CFL head coaches.

The other award finalists include: defensive back Rolan Milligan Jr. of the Saskatchewan Roughriders and Montreal linebacker Tyrice Beverette (outstanding defensive player); Saskatchewan’s Logan Ferland and Toronto’s Ryan Hunter (outstanding lineman); B.C. Lions kicker Sean Whyte and Toronto returner Janarion Grant (special teams); and Edmonton Elks linebacker Nick Anderson and Hamilton receiver Shemar Bridges (outstanding rookie).

The coach of the year finalists are Saskatchewan’s Corey Mace and Montreal’s Jason Maas.

The CFL will honour its top individual performers Nov. 14 in Vancouver.

This report by The Canadian Press was first published Oct. 31.

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