Rockies president Walker Monfort says there’s ‘not a plan’ to sell majority of team

Colorado Rockies president Walker Monfort might be crushing the dreams of some fans who were hoping for a sale of the team.

In early September, legendary columnist Woody Paige dropped a report in the Denver Gazette that said per “multiple sources” the Penner Sports Group intended to buy another 35 percent of the Rockies.

That (of course) is Greg Penner and Carrie Walton-Penner, the owners of the Denver Broncos, who also bought 40 percent of the Rockies in April.

If it all came to fruition, the Penners would own the majority of the Rockies while the Monfort family held on to a minority stake.

But at a season-ending press conference on Wednesday, Monfort shot down that idea.

“No. There’s not a plan for that. Our relationship as it exists has been publicly explained. From our standpoint, they are partners,” Monfort told reporters.

When the Penner Sports Group paid $700 million for the initial 40 percent, it helped the Rockies with extra cash, something that Monfort echoed.

“We entered into it to help to clear ourselves from debt from COVID and loss of RSN (TV network revenue). We are in a much better position today. As we talk about things we can do this offseason, it just gives a ton more flexibility,” Monfort added.

A lockout is looming over MLB this winter and next spring, so that could potentially change things, especially if a salary cap is put into place.

But for now, the Monfort family will still be the controlling owners — while many in Colorado hope it’s Greg Penner and Carrie Walton-Penner eventually running the show at 20th and Blake.

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