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The Conversation
The Conversation
Geoffrey Propheter, Associate Professor, School of Public Affairs, University of Colorado Denver

Broncos say their new stadium will be ‘privately financed,’ but ‘private’ often still means hundreds of millions in public resources

Broncos The Denver Broncos Football
In September 2025, the Denver Broncos announced their plan to build a new, privately financed stadium. Icon Sportswire/Getty Images

The Denver Broncos announced in early September 2025 their plan to build a privately financed football stadium. The proposal received a lot of attention and praise.

Across the five major sports leagues in the U.S. – the NBA, NHL, NFL, MLB and MLS – only 20% of facilities are privately owned.

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