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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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Breaking News
Breaking: Chuck Norris Dies at 86
Chuck Norris, legendary martial artist and star of Walker, Texas Ranger, has died at age 86 following a reported medical emergency.
Last Updated on March 20, 2026 by Daily News Staff
Legendary martial artist and actor Chuck Norris has died at the age of 86, according to statements released by his family on Friday.
Norris reportedly passed away peacefully while surrounded by loved ones. The news comes shortly after reports surfaced that he had been hospitalized in Hawaii following a medical emergency. Details regarding the cause of death have not yet been publicly disclosed.
Best known for his role in the long-running television series Walker, Texas Ranger, Norris became a global icon through his martial arts expertise and action film career. His influence extended beyond Hollywood, shaping pop culture and inspiring generations of fans worldwide.
Over a career spanning decades, Norris starred in numerous action films and television projects, building a reputation as one of the most recognizable figures in the genre.
This is a developing story. STM Daily News will continue to provide updates as more information becomes available.
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unknown
How extraterrestrial tales of aliens gain traction
The narrative explores humanity’s intrigue with extraterrestrial entities, juxtaposing evolutionary processes with claims of alien interventions, ultimately emphasizing the need for scientific evidence over fantastical stories. Aliens!
Last Updated on March 18, 2026 by Daily News Staff
Ester Lázaro Lázaro, Centro de Astrobiología (INTA-CSIC)
One night, upon returning to the cave that his tribe calls home, the monkey-humanoid Moon-Watcher finds a strange crystal object, a kind of monolith that fascinates him at first, but then quickly loses his interest when he discovers that it is not edible. Soon after, the true purpose of the monolith is revealed to be none other than penetrating the minds of our ancestors to induce new abilities that, over time, will cause the development of an intelligence capable of creating new technology.
Many readers will recognise this scene from the novel 2001, A Space Odyssey, by Arthur C. Clarke, and the film of the same name, directed by Stanley Kubrick. It almost goes without saying that the crystal monolith in question is the work of an extraterrestrial civilisation that observes life on other planets and “experiments” on them to encourage the development of intelligence in as many parts of the cosmos as possible.
Seeking simple answers to complex questions
Understanding how we, as a species, came to be intelligent is one of the great enigmas of evolutionary study. Small mutations, followed by a process of natural selection to choose the most advantageous, seems too slow a process for structures as complex as the human nervous system or brain to emerge. It is this very complexity that allows millions of neurons to communicate with each other, resulting in the emergence of qualities such as the ability to respond voluntarily to environmental stimuli, or to ask questions about the very nature of humankind and the universe.
Nowadays, we know that there are evolutionary mechanisms that have lead to great leaps in terms of complexity, but that does not stop people from turning to non-human forces – Gods, extraterrestrials, spiritual energies – to explain things that are difficult to comprehend.
This has always been the case, in all human cultures. A classic example would be attributing atmospheric events – thunder, lightning, floods – to the wrath of God. These ideas came about before humans had ever left the ground, so it is no surprise that we turned our eyes even higher – to extraterrestrials – to explain other phenomena that we could only observe once travelling at high altitudes became part of our daily lives.
The allure of the unknown
The possibility that we might have been visited by beings from other worlds has always fascinated us. The element of mystery, of the unknown, only makes it more interesting.
Any phenomenon is made all the more enticing when it seems it is being covered up or hidden for secretive reasons. The attractiveness of conspiracies often leads people towards ideas which have no scientific basis, such as the belief that the Earth is flat, that humans never set foot on the Moon, or that vaccines can control our behaviour.
Even though these ideas have repeatedly been shown to be untrue, their rapid dissemination through social media, using simple, blunt language that appeals to emotion over logic, makes them very powerful weapons.
The supposed “proof” of alien visits to our planet ranges from specific Bible passages to ancient stone carvings portraying creatures or objects that may appear to be aliens or spacecraft. The latter often take the form of flying saucers.
However, we cannot forget that humans have always created imaginary creatures that resemble them and attributed them with magical powers. When imagining Gods, humans have given them a human appearance, and almost always imagined them as living in the sky.
When we look at these representations through modern eyes, we associate them with extraterrestrial beings or structures, when in fact they could be referring to a range of different things.
When unproven stories become larger than life
Recently, in the United States Congress, UFOs (currently known as UAPs: “Unidentified Anomalous Phenomena”) are back in the limelight. This is because a former air force intelligence official has made claims that the Pentagon is in possession of remains of extraterrestrial craft and “non-human biological matter”. The claims have been backed up by the testimony of a retired navy commander and a former navy pilot.
What we can be certain of is that the more we explore our skies, the more likely it is that we will encounter phenomena that we cannot explain. However, this does not mean that they are extraterrestrial. Past experience has shown us that most of these events can be attributed to optical illusions, spy or weather balloons, space junk, or even satellites that we ourselves have made.
In Spain, UFOs were a hot topic between the 1960s and the 1980s. In this era, everyone knew someone who was convinced that they had seen a UFO. This even reached the point where an exoplanet, called Ummo, was made up. It was populated by a more advanced civilisation than ours who made contact with people on Earth. In the letters these aliens supposedly sent, the ‘Ummites’ explained concepts such as genetics and cell structure.
The truth is that nowadays, reading some of these letters can be quite amusing. The story of the planet of Ummo was ultimately proved to be a monumental hoax, a fact later admitted by its own creator.
The Ummo hoax was even linked to the creation of a paedophile ring, which should make us reflect on the harmful consequences that the spread of fabricated news stories can have.
Can we deny the possibility that intelligent alien civilisations exist?
The answer, of course, is no. The universe is immense, and it is more than likely that circumstances similar to those which led to the appearance of life on Earth have been repeated on other planets. But there is a huge distance (literally and figuratively) between acknowledging the existence of these creatures and considering the possibility that they might have visited us.
Exoplanets, also known as extrasolar planets, are extremely far away, and we are limited by the speed of light which, as proven by Einstein, is the maximum possible speed at which anything can travel. Therefore, the journey to even a “nearby” exoplanet would take thousands of years. Maybe a civilisation more advanced than ours could find a way to do it faster, but not to the point of it being something easy or commonplace.
In any case, if the remains of alien life or spacecraft are stored away somewhere, why are they not being shown to us? Scientists would jump at the chance to analyse this organic matter to find out how it is structured, how it metabolises energy, or what molecules it uses to store genetic information.
Until there is proof, this is not a question of science, but rather, of stories. Stories can be very entertaining, but these kinds of stories do not help us to build a more accurate or helpful view of the world.
Ester Lázaro Lázaro, Investigadora Científica de los Organismos Públicos de Investigación. Especializada en evolución de virus, Centro de Astrobiología (INTA-CSIC)
This article is republished from The Conversation under a Creative Commons license. Read the original article.
The science section of our news blog STM Daily News provides readers with captivating and up-to-date information on the latest scientific discoveries, breakthroughs, and innovations across various fields. We offer engaging and accessible content, ensuring that readers with different levels of scientific knowledge can stay informed. Whether it’s exploring advancements in medicine, astronomy, technology, or environmental sciences, our science section strives to shed light on the intriguing world of scientific exploration and its profound impact on our daily lives. From thought-provoking articles to informative interviews with experts in the field, STM Daily News Science offers a harmonious blend of factual reporting, analysis, and exploration, making it a go-to source for science enthusiasts and curious minds alike. https://stmdailynews.com/category/science/
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Entertainment
Little Woodrow’s Launches 2026 Turtle Racing Season With ‘TurtleVerse’ Theme
Little Woodrow’s has launched its 2026 turtle racing season with a new TurtleVerse theme, bringing weekly Thursday night races, themed turtle competitors and a new loyalty program to locations across Texas.
Little Woodrow’s Opens 2026 Turtle Racing Season Across Texas
Little Woodrow’s is bringing back one of its most recognizable Thursday night traditions with the launch of its 2026 turtle racing season, this year under a new retro sci-fi-inspired theme called TurtleVerse. The season officially began March 5 and runs weekly through Nov. 19 at participating locations in Houston, San Antonio, Lubbock, Austin and, later this spring, Frisco.
The long-running event, which started in Midtown Houston nearly two decades ago, has grown into a signature piece of the Texas neighborhood bar chain’s identity. This year’s TurtleVerse concept adds a comic-book-style multiverse angle to the races, pairing the usual crowd energy with themed branding and a lineup of turtles carrying names like Turtle Swift, Shellvester Stallone and Timothée Shellamet.
Woody’s Brands President Ray Risley said the company wanted to build on one of Little Woodrow’s most popular traditions by leaning into both nostalgia and humor. In addition to the themed races, the company is also introducing a new Turtle Journey loyalty program, allowing guests to check in, earn points and redeem rewards throughout the season.
Little Woodrow’s said races begin at 7 or 8 p.m., depending on location. Fans can find schedules, turtle bios and loyalty program details at Little Woodrow’s website.
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Source: Woody’s Brands via PRNewswire
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