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Marijuana Dispensary Interested in Buying Denver Broncos Stadium Naming Rights

April 2, 2016   ·     ·   Jump to comments

If the Denver Broncos open up their stadium naming rights after Sports Authority recently filed for bankruptcy, a Colorado marijuana dispensary is expected to have interest.  
Per CBS 4 in Denver, Native Roots said it is "fully ready to make a multi-million dollar commitment if the contract between Sports Authority Field at Mile High and Sports Authority ever ends."
Sports Authority, which has held naming rights for the Broncos' stadium since 2011, filed for bankruptcy in March and plans to close 140 of its 450 stores nationwide, per CNN's Chris Isidore.
Standard & Poors credit analyst Andrew Bove told Isidore that Sports Authority has arranged to borrow $595 million to fund operations while in bankruptcy, but to come out of it, the company "likely will have to find a buyer for the remaining stores."
As far as the Broncos' stadium is concerned, Alicia Wallace of the Denver Post Sports Authority has a $3.6 million payment d...

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