How area governments are spending Broncos sale funds

BY TATIANA FLOWERS THE COLORADO SUN

e Denver metro governments that received checks — for hundreds of dollars or millions — after paying into a tax fund to help build Mile High Stadium are formalizing plans to spend the money on youth activities within their communities.

e city of Aurora’s housing and community services department announced last week the “Dream Big for Aurora Youth Campaign,” which encourages youths, people who work with kids and caregivers, including parents or guardians, to suggest how the city should spend its one-time $3.8 million award on youth-related activities and programs. e campaign webpage, which includes an idea board and short survey, will be open until March 31.

“We are looking to generate ideas around meaningful youth activities in Aurora,” said Jessica Prosser, director of the city’s housing and community services department. “We really want to make sure the youth voice is heard through this process.”

Funding for the e ort comes from the $4.65 billion sale of the Denver Broncos to the Walton-Penner Group in 2022, which resulted in a $41 million refund to the seven counties and 40 municipalities in the Metro Stadium District that helped fund the stadium for more than a decade. e checks range from $12.5 million for Denver to $112 for Castle Pines. e money comes from a provision of a 1998 lease and management agreement between the district, PDB Sports and Stadium Management Company that required 2% of the net proceeds of the sale of the team to