ˌɔn ɑːktˈoʊbɚ sˈɛvən, tˈuː θˈaʊzənd fˈɪftiːn, ðɪ ˌɛnˌɛfˈɛl ɐpɹˈuːvd tɹˈænsfɜːɹ ʌv hɪz ˈoʊnɚʃˌɪp stˈeɪk ʌvðɪ ˈævəlˌænʃ ænd nˈʌɡɪts tə hɪz wˈaɪf, ˈæn wˈɔltən kɹˈoʊŋk.
On October 7, 2015, the NFL approved transfer of his ownership stake of the Avalanche and Nuggets to his wife, Ann Walton Kroenke.