Gov. Jared Polis negotiating with Broncos about potential stadium site

   

The Denver Broncos have been buying up properties around Burnham Yard since September, and now they're attempting to purchase the 58-acre former rail yard from the state.

The Broncos have been negotiating with the office of Colorado Gov. Jared Polis about purchasing the Burnham Yard property, according to a report from the Denver Post. That site is one of several locations the team is considering for a potential new stadium, and the club has already spent around $146 million buying adjacent properties.

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The Broncos had previously mentioned Lone Tree and Aurora as potential stadium sites. Polis hopes to keep the team in Denver.

“The Governor is committed to keeping the Denver Broncos in Colorado, and hopefully in Denver,” Polis spokeswoman Shelby Wieman said in an email to the Denver Post. "Therefore, we support efforts to ensure Colorado remains the home of our Super Bowl champion team.”

The Broncos' current lease at Empower Field at Mile High runs through 2031, so if the team is going to build a new stadium, securing a location would be a top priority. Denver's front office has insisted that all options -- including possibly staying at Mile High -- are still on the table, but the team is widely expected to build a new stadium.

The Walton-Penner family purchased the Broncos for $4.65 billion in 2022.