Broncos announce temporary name for stadium

Posted at 10:53 AM, Jun 20, 2018
and last updated 2018-06-20 12:53:46-04

It appears the Broncos will play their 2018 season in a stadium with a name.

According to our reporting partner in Denver, KUSA, the former Sports Authority Field will be temporarily known as Broncos Stadium at Mile High. The now-bankrupt sporting goods company had previously bought the naming rights to the stadium from an investment company the bailed out of the investment.

The Broncos bought naming rights to the stadium in 2016 after Sports Authority went into bankruptcy. According to KUSA, at that time the contract had a remaining price tageof $19.9 million.

Wednesday morning, the Broncos are presenting the temporary name to the Metropolitan Football Stadium District Board. The board manages the stadium on behalf of taxpayers in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, and Jefferson counties.

The Metropolitan Football Stadium District Board has allowed the Broncos to pay the remaining costs in quarterly installments, as opposed to the annual payments Sports Authority was required to make.