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Broncos ‘Private’ Stadium Plan: How Tax Breaks and Infrastructure Can Still Cost the Public Millions
Broncos ‘Private’ Stadium Plan: In September 2025, the Denver Broncos announced plans for a new privately financed stadium. However, scrutiny arises as public funds often subsidize these projects, obscuring true financing sources. This raises concerns about the long-term financial impact on taxpayers, who may shoulder broader costs beyond construction, including infrastructure and social ramifications.
Geoffrey Propheter, University of Colorado Denver
Broncos say their new stadium will be ‘privately financed,’ but ‘private’ often still means hundreds of millions in public resources
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.
I’ve studied the intersection of state and local public finance and pro sports for two decades. This experience has led me to approach claims of private financing with suspicion.
Private dollars are often masked as public dollars in these arrangements. https://www.youtube.com/embed/zwv34Lpo0ec?wmode=transparent&start=0 A Fox31 Denver news report aired in November 2025 about the Broncos’ plans for a new stadium.
Private vs public dollars
In theory, what counts as private or public dollars is uncontroversial. Dollars are public when government has a legal claim over them – otherwise, they are private.
The public versus private dollar distinction matters when accounting for who is contributing how much to a sports facility. When public dollars are allowed to count as private dollars, a project proposal looks more enticing than it is, in fact.
For instance, lawmakers regularly allow team owners to count public dollars as private dollars. The Sacramento City Council agreed to let the NBA’s Sacramento Kings count their property tax payments for the city-owned arena as private contributions to the overall cost of financing the arena. But property taxes are public dollars that in other instances go toward public services like schools and road repairs.
Team owners building private facilities also typically receive public dollars through tax breaks, which is government spending in disguise. Property tax exemptions, sales and use tax exemptions on materials and machinery, and income tax credits are common forms of government givebacks to sports team owners.
I’ve estimated that property tax exemptions alone, among facilities in the five major leagues, have cost state and local governments US$20 billion cumulatively over the life of teams’ leases, 42% of which would have gone to K-12 education.
Rental payments spent on facilities are not private dollars
Many facilities and their infrastructure are funded through public debt secured in part by team rental payments. Lawmakers, media and consultants often view projects secured by rents as privately financed, in part or whole.
However, rental income in exchange for use or operation of public property should not be counted as private dollars.
Here’s a thought experiment. Suppose state lawmakers allocated the rent paid for use of campground sites in a state park to pay for new campground bathrooms. Are the bathrooms privately funded?
The flaw in concluding “yes” arises from a failure to appreciate that lawmakers, through policy, create legal claims over certain dollars. All dollars start as private dollars, but through the tax system, lawmakers transfer ownership of some dollars to the public.
It is the government landlord’s choice, a policy decision, to spend the rental income on the rented property, a choice available to them only if they own the rental income in the first place.
Yet lawmakers regularly allow teams, both professional and minor league, to count rental payments as private contributions. This accounting makes sports subsidies look less generous than they actually are.
Looking beyond construction
Facilities not only need to be constructed but also operated, maintained and eventually upgraded. Roads, sewer lines, overpasses, game-day security and emergency response and public policies to mitigate gentrification caused by a facility are all common taxpayer-funded touchpoints. In addition, facilities have preconstruction costs such as land acquisition, soil remediation and site preparation, as well as later costs such as demolition and remediation for the land’s next use.
Focusing on privately financed construction and ignoring all other aspects of a project’s development and operation is misleading, potentially contributing to lawmakers making inefficient and expensive policy decisions.
By way of example, the Council of the District of Columbia approved a subsidy agreement last year with the NFL’s Commanders. The stadium would be financed, constructed and operated by the team owner, who would pay $1 in rent per year and remit no property taxes. In exchange for financing the stadium privately, the owner receives exclusive development rights to 20 acres of land adjacent to the stadium for the next 90 years.
The stadium is expected to cost the owner $2.5 billion, with the city contributing $1.3 billion for infrastructure.
But the city also gives up market rental income between $6 billion and $25 billion,depending on future land appreciation rates, that it could make on the 20 acres.
In other words, the rent discount alone means the city gives up revenue equal to multiple stadiums in exchange for the Commanders providing one. It is as if the council has a Lamborghini, traded it straight up for a Honda Civic, and then praised themselves for their negotiation acumen that resulted in a “free” Civic.
The Broncos’ proposed stadium
As of January 2026, Denver taxpayers know only that the Broncos stadium construction will be privately financed and that public dollars will be spent on some infrastructure.
Being enamored with such a proposal is similar to being offered a $1 billion yacht at a 75% discount. In my experience, there are two types of public officials: one will want to spend $250 million to save $750 million, while the other will ask whether $250 million for a yacht is an appropriate use of taxpayer resources given existing needs elsewhere.
My hope is that lawmakers better appreciate the many ways government participation in sports facility development, including privately financed ones, imposes serious risks and costs for current and future taxpayers. What is the expected total cost of the stadium project over its life? How much of the life cost would public resources cover? Could public resources generate greater benefits in an alternative use? How much will it cost to mitigate or compensate those affected by a project’s expected negative side effects, such as gentrification, congestion, pollution and crime?
Read more of our stories about Colorado.
Geoffrey Propheter, Associate Professor, School of Public Affairs, University of Colorado Denver
This article is republished from The Conversation under a Creative Commons license. Read the original article.
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Former President Barack Obama recently sparked headlines, social media debates, and a fresh wave of UFO chatter after a brief remark during a podcast interview. The comment quickly ricocheted across news outlets, with many asking: Did Obama just confirm aliens exist? And just as quickly, Donald Trump weighed in.
Let’s unpack what was actually said — and what it means.
🎙️ The Comment That Ignited the Conversation
During a rapid-fire question segment on a podcast hosted by Brian Tyler Cohen, Obama was asked directly:
“Are aliens real?”
Obama’s response:
“They’re real, but I haven’t seen them.”
That short answer fueled immediate speculation. Clips spread online, often stripped of context, with some interpreting the statement as a bombshell confirmation of extraterrestrial life.
🧠 What Obama Meant
Soon after the comment gained traction, Obama clarified his meaning.
His explanation aligned with a position he’s expressed before:
✔ He was referring to the statistical likelihood of life elsewhere in the universe
✔ He was not claiming evidence of alien visitation
✔ He emphasized that during his presidency he saw no proof of extraterrestrial contact
In other words:
Obama was speaking philosophically and scientifically — not revealing classified information.
This interpretation matches mainstream scientific thinking: given the size of the universe, life beyond Earth is plausible, but confirmed evidence remains elusive.
🛸 Why the Comment Resonated
The remark landed in a cultural moment where:
• Interest in UAPs (Unidentified Aerial Phenomena) is high
• Government transparency around UFO reports has increased
• Space exploration discoveries (exoplanets, water worlds) dominate science news
Even a casual statement from a former president can ignite intense discussion.
🇺🇸 Trump’s Reaction
Former (and current political figure) Donald Trump responded critically.
Trump characterized Obama’s comment as:
• A “mistake”
• Potentially involving “classified information”
He also reiterated his own stance:
He does not know whether aliens are real.
Trump pivoted the conversation toward disclosure, suggesting he would support or consider declassifying UFO/UAP-related files — a theme that has periodically surfaced in political rhetoric.
⚖️ Politics vs Interpretation
Trump’s reaction highlights how statements about extraterrestrial life often become political flashpoints, even when the original comment is speculative or philosophical.
Key distinction:Obama’s Clarification Public Interpretation Life elsewhere is likely “Obama confirmed aliens” No evidence of contact “Government disclosure”
🔬 The Scientific Reality
Organizations like NASA and the broader research community maintain:
✅ Life beyond Earth → statistically plausible
❓ Intelligent civilizations → unknown
❌ Confirmed alien contact → no verified evidence
Investigations into UAPs consistently conclude:
• Most sightings have conventional explanations
• Some remain unresolved due to limited data
• None confirmed as extraterrestrial craft
🌌 Why These Stories Keep Captivating Us
Conversations about aliens sit at the intersection of:
✨ Science
🧠 Curiosity
🛸 Mystery
🎭 Pop culture
🏛️ Politics
When a former president comments, the intrigue multiplies.
📌 Bottom Line
Did Obama say aliens are real?
Yes — but in the sense that life elsewhere in the universe is likely, not that aliens are visiting Earth.
Did he claim evidence?
No.
Trump’s response?
Critical, skeptical, and framed around classification and disclosure.
If you’re fascinated by this topic, you might also enjoy exploring:
• How scientists search for alien life
• What counts as real “evidence”
• Why UFO sightings are so often misinterpreted
Want me to craft a follow-up article like “How Close Are We to Discovering Alien Life?” 🚀👽
Related Links & Further Reading
- NASA – Search for Life
- NASA – Exoplanet Exploration
- SETI Institute – Search for Extraterrestrial Intelligence
- U.S. Department of Defense – UAP Reports
- How Close Are We to Discovering Alien Life?
- What Are UAPs? Explained
- A Brief History of UFO Investigations
Dive into “The Knowledge,” where curiosity meets clarity. This playlist, in collaboration with STMDailyNews.com, is designed for viewers who value historical accuracy and insightful learning. Our short videos, ranging from 30 seconds to a minute and a half, make complex subjects easy to grasp in no time. Covering everything from historical events to contemporary processes and entertainment, “The Knowledge” bridges the past with the present. In a world where information is abundant yet often misused, our series aims to guide you through the noise, preserving vital knowledge and truths that shape our lives today. Perfect for curious minds eager to discover the ‘why’ and ‘how’ of everything around us. Subscribe and join in as we explore the facts that matter. https://stmdailynews.com/the-knowledge/
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The Long Track Back
Why Downtown Los Angeles Feels Small Compared to Other Cities
Downtown Los Angeles often feels “small” compared to other U.S. cities, but that’s only part of the story. With some of the tallest buildings west of the Mississippi and skyline clusters spread across the region, LA’s downtown reflects the city’s unique polycentric identity—one that, if combined, could form a true mega downtown.
Last Updated on February 18, 2026 by Daily News Staff
Panorama of Los Angeles from Mount Hollywood – California, United States
When people think of major American cities, they often imagine a bustling, concentrated downtown core filled with skyscrapers. New York has Manhattan, Chicago has the Loop, San Francisco has its Financial District. Los Angeles, by contrast, often leaves visitors surprised: “Is this really downtown?”
The answer is yes—and no.
Downtown LA in Context
Compared to other major cities, Downtown Los Angeles (DTLA) is relatively small as a central business district. For much of the 20th century, strict height restrictions capped most buildings under 150 feet, while cities like Chicago and New York were erecting early skyscrapers. LA’s skyline didn’t really begin to climb until the late 1960s.
But history alone doesn’t explain why DTLA feels different. The real story lies in how Los Angeles grew: not as one unified city center, but as a collection of many hubs.
Downtown Los Angeles
A Polycentric City
Los Angeles is famously decentralized. Hollywood developed around the film industry. Century City rose on former studio land as a business hub. Burbank became a studio and aerospace center. Long Beach grew around the port. The Wilshire Corridor filled with office towers and condos.
Unlike other cities where downtown is the place for work, culture, and finance, Los Angeles spread its energy outward. Freeways and car culture made it easy for businesses and residents to operate outside of downtown. The result is a polycentric metropolis, with multiple “downtowns” rather than one dominant core.
A Resident’s Perspective
As someone who lived in Los Angeles for 28 years, I see DTLA differently. While some outsiders describe it as “small,” the reality is that Downtown Los Angeles is still significant. It has some of the tallest buildings west of the Mississippi River, including the Wilshire Grand Center and the U.S. Bank Tower. Over the last two decades, adaptive reuse projects have transformed old office buildings into lofts, while developments like LA Live, Crypto.com Arena, and the Broad Museum have revitalized the area.
In other words, DTLA is large enough—it just plays a different role than downtowns in other American cities.
View of Westwood, Century City, Beverly Hills, and the Wilshire Corridor.
The “Mega Downtown” That Isn’t
A friend once put it to me with a bit of imagination: “If you could magically pick up all of LA’s skyline clusters—Downtown, Century City, Hollywood, the Wilshire Corridor—and drop them together in one spot, you’d have a mega downtown.”
He’s right. Los Angeles doesn’t lack tall buildings or urban energy—it just spreads them out over a vast area, reflecting the city’s unique history, geography, and culture.
A Downtown That Fits Its City
So, is Downtown LA “small”? Compared to Manhattan or Chicago’s Loop, yes. But judged on its own terms, DTLA is a vibrant hub within a much larger, decentralized metropolis. It’s a downtown that reflects Los Angeles itself: sprawling, diverse, and impossible to fit neatly into the mold of other American cities.
🔗 Related Links
Dive into “The Knowledge,” where curiosity meets clarity. This playlist, in collaboration with STMDailyNews.com, is designed for viewers who value historical accuracy and insightful learning. Our short videos, ranging from 30 seconds to a minute and a half, make complex subjects easy to grasp in no time. Covering everything from historical events to contemporary processes and entertainment, “The Knowledge” bridges the past with the present. In a world where information is abundant yet often misused, our series aims to guide you through the noise, preserving vital knowledge and truths that shape our lives today. Perfect for curious minds eager to discover the ‘why’ and ‘how’ of everything around us. Subscribe and join in as we explore the facts that matter. https://stmdailynews.com/the-knowledge/
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The Knowledge
Century City: From Hollywood Backlot to Business Hub
Century City, originally part of 20th Century Fox’s backlot, transformed into a prominent business district in Los Angeles during the 1950s amid the decline of cinema. Developer William Zeckendorf envisioned a mixed-use urban center, leading to iconic skyscrapers and establishing the area as a hub for law, finance, and media, blending Hollywood history with modern business.
Before Century City became one of Los Angeles’ premier business districts, it was part of 20th Century Fox’s sprawling backlot, used for filming movies and housing studio operations. By the 1950s, as television rose and movie attendance declined, 20th Century Fox faced financial challenges and decided to sell a portion of its land.
Developer William Zeckendorf envisioned a “city within a city”—a modern, mixed-use urban center with office towers, hotels, and entertainment facilities. Branded Century City, the name paid homage to its studio roots while symbolizing LA’s vision for the future.
The first skyscrapers, including the Gateway West Building, set the tone for the district’s sleek, futuristic skyline. Architects like Welton Becket and Minoru Yamasaki helped shape Century City’s iconic look. Over time, it evolved from Hollywood’s backlot to a corporate and legal hub, attracting law firms, financial institutions, and media companies.
Today, Century City stands as a testament to Los Angeles’ postwar optimism, westward expansion, and multi-centered urban growth—a unique blend of Hollywood history and modern business.
Related STM Daily News Links:
- The Evolution of Los Angeles Public Transportation
- Why Los Angeles Grew Into a Sprawling City
- Downtown Los Angeles: Past, Present, and Future
Dive into “The Knowledge,” where curiosity meets clarity. This playlist, in collaboration with STMDailyNews.com, is designed for viewers who value historical accuracy and insightful learning. Our short videos, ranging from 30 seconds to a minute and a half, make complex subjects easy to grasp in no time. Covering everything from historical events to contemporary processes and entertainment, “The Knowledge” bridges the past with the present. In a world where information is abundant yet often misused, our series aims to guide you through the noise, preserving vital knowledge and truths that shape our lives today. Perfect for curious minds eager to discover the ‘why’ and ‘how’ of everything around us. Subscribe and join in as we explore the facts that matter. https://stmdailynews.com/the-knowledge/
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