Broncos get naming rights to stadium from Sports Authority

Posted August 23, 2016 7:00 am

The Associated Press

DENVER (AP) - The Denver Broncos have taken over the naming rights to their stadium from Sports Authority.

After missing its latest contract payment, Sports Authority asked a bankruptcy judge earlier this month to allow it to transfer the rights to the team. KMGH-TV reported Tuesday (http://goo.gl/W0JFWG ) that the judge has signed off on the deal.

The estate of the bankrupt sporting goods company must pay the Broncos $50,000 to be free and clear of all naming rights debts.

The Broncos are still sizing up the value of a deal and say there's no timetable for a new stadium name. It's unclear if a new deal would require that the name of the stadium include the phrase "at Mile High" in deference to the Broncos' original home.

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Information from: KMGH-TV, http://www.thedenverchannel.com

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