BLOOMINGTON, Minn. (AP) — The record $4.65 billion sale of the Denver Broncos to Walmart heir Rob Walton and his daughter and son-in-law was unanimously approved Tuesday by NFL owners, the expected final step in the transfer from the family of the late Pat Bowlen.

The vote was taken at a league meeting at a hotel in Minnesota, where Walton, his daughter, Carrie Walton Penner, and her husband, Greg Penner, were introduced by NFL Commissioner Roger Goodell. With an estimated worth of $60 billion, the 77-year-old Walton — the eldest son of Walmart founder Sam Walton — becomes the wealthiest owner in the league. Rob Walton served as chairman of the retail giant from 1992-2015.

The Walton-Penner group paid the highest price in history for a sports franchise anywhere in the world. The three limited partners are Formula One world champion Lewis Hamilton, Starbucks board chair Mellody Hobson and former U.S. Secretary of State Condoleezza Rice.