John Bowlen Denies Report He's Looking to Sell Minority Interest in Broncos

John Bowlen, the brother of Denver Broncos majority owner Pat Bowlen, is denying a report he's looking to sell his minority stake in the franchise.

Nicki Jhabvala of the Denver Post reported he's looking to sell his 30-35 percent stake because the franchise is "not being run the way Pat would have run it in many, many capacities."

The Broncos would later release a statement responding to the report:

"Broncos Minority Owner John Bowlen, accompanied by his advisor, indicated at our Sept. 18 board meeting that he is extremely pleased with the way the organization is being operated under Joe Ellis in the absence of his brother, Owner Pat Bowlen.

"John has never made any statements to the contrary, and at this meeting he voiced his full support for the contract extensions given to Ellis and other key team executives. John also indicated that although he is not actively looking to sell his minority, non-voting stake in the team, he recently was approached by someone who expressed interest in his share of the team.

"This afternoon, John informed multiple members of the organization that the opinions attributed to him by an anonymous source in a media report did not come from him and do not represent his views."

Pat Bowlen stopped running the franchise in 2014 as a result of his Alzheimer's disease. The Bowlen family has owned the Broncos since 1984, with Pat and John being the sole owners since 2006.

John Bowlen has been selling his part of the franchise back to Pat and the family trust set up for a succession plan. The Broncos are being run by a trust, with one of Pat Bowlen's seven children taking over as controlling owner upon Pat's death.

"As it relates to Pat Bowlen's controlling interest of the team, it is not for sale," the Broncos statement continued.

All major football decisions with the Broncos are made by the trustees. Pat Bowlen does not have a say in football operations, nor would a new minority owner.