Broncos' Future in Denver: A Call for Transparency and Community Investment

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Broncos' Future in Denver: A Call for Transparency and Community Investment
Broncos,Denver,Stadium

This article explores the importance of the Denver Broncos to the city and calls for transparency from new owners and local leaders regarding public financial assistance for the team's future. It highlights the potential impact of the team's location on the city's economy and urges for a focus on community benefits.

Miles the Denver Broncos mascot gets the crowd going from the top of the stadium during the second half of the game at Empower Field at Mile High in Denver on Jan. 5, 2025. The Broncos beat the Kansas City Chiefs 38-0 clinching a postseason berth.(Photo by Helen H.

Richardson/The Denver Post)At least one thing is crystal clear in the murky waters of mile-high stadium’s future: the Broncos’ new owners and Denver’s leaders should pull out – almost — all the stops to make sure that investment is in the city. All we ask in exchange for this substantial public financial assistance is complete transparency (and of course the continuation of the popular lottery system for affordable tickets to Broncos games). The elected officials in this state and city must be honest about the value of any proposed land deals, tax breaks, taxing authority or no-bid contracts awarded to some of the wealthiest people in America to help their real estate venture.. The reporting was stellar as our team looked at the past, the present, and the future of Denver’s sports venues. The city has had some highs in terms ofThe Broncos are not just another sports franchise. The team’s story from the fledgling Bears to the Super Bowl-winning Broncos is an integral part of our history. Losing the team’s downtown Denver presence at a time when urban communities are struggling to rebound from the work-from-home transformation would be dire. Post-COVID, bars, restaurants, and retail stores have struggled in Denver. In an ideal world, the Broncos would stay where they are. Taxpayers built Empower Field at Mile High using a regional sales tax. The stadium is now debt-free and our investment is ripe to pay off over the next six years of the Bronco’s lease. The historic Mile High location is brilliant: serviced by light rail, close to downtown, and Empower Field recently received $100 million in upgrades thanks to the new owner

 

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