Edgar Kaiser

Edgar F. Kaiser, Jr is a Canadian financier and a former owner of the Denver Broncos American football team. [http://sportsillustrated.cnn.com/football/news/2003/07/19/broncos_lawsuit_ap/] He is the grandson of shipbuilding industrialist Henry J. Kaiser.

Kaiser purchased the Broncos from the Gerald Phipps’ family in 1981. [http://www.litigationcolorado.com/articles/broncos_verdict.html] Kaiser sold his 60.8% share of the Broncos to current owner Pat Bowlen in 1984. [http://cbs4denver.com/broncos/Colorado.News.Denver.2.557497.html] In 2007, Kaiser sued Bowlen for violating the original sales’ agreement, which he contented granted him right of first of any sale of shares in the team. Kaiser claims Bowlen violated this agreement by offering former Broncos quarterback John Elway a 10% stake of the company that holds ownership of the team. An appellate court ruled that the structure of the Bowlen-Elway deal did not violate the original agreement. [http://cbs4denver.com/broncos/Colorado.News.Denver.2.557497.html]

References