Mellody Hobson is in her third year as an owner of the Denver Broncos in 2024 as part of the Walton-Penner Family Ownership Group. A Co-CEO for Ariel Investments, Hobson is responsible for management, strategic planning and growth for all areas of the firm outside of research and portfolio management.

Aug 10, 2022 · ENGLEWOOD, Colo. — For Mellody Hobson and Condoleezza Rice, the opportunity to join the Walton-Penner Family Ownership Group's purchase of the Broncos was about more than simply owning an NFL team.

In 2022, Hobson joined an investment group consisting of Rob Walton, Greg Penner, Carrie Walton Penner, Condoleezza Rice, and Sir Lewis Hamilton that purchased the Denver Broncos. [21][22] In October 2020, Hobson and the Hobson/Lucas Family Foundation made the lead gift to establish a residential college at Princeton University. [23][24]

Jun 21, 2022 · Mellody Hobson will join the ownership group buying the NFL's Denver Broncos. Hobson is the co-CEO of Ariel Investments and the chair of Starbucks' board.

Aug 11, 2022 · Condoleezza Rice and Mellody Hobson have become the first Black women to represent Denver Broncos ownership.

Jun 8, 2022 · The best answer as to how the Rob Walton-led ownership group will fare in its stewardship of the Broncos is this: We don’t know. But what we do know is that by having Mellody Hobson as a part of the group, this group reduces its risk of falling victim to the scourge of groupthink that can often undermine the potential success of the operation.

Nov 8, 2022 · Mellody Hobson is set to make history by becoming the first black female owner in NFL history. She’s part of the group headed by Walmart heir Rob Walton to buy the Denver Broncos.