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Sports Authority holds out hope for last-minute sale to stave off liquidation

Not so fast.Sports Authority assumed the $120 million Mile High Stadium naming-rights contract vacated by Invesco Ltd. This story will be updated.MORE: Englewood grappling with likely loss of Sports Authority corporate HQ.Last week, Sports Authority's attorneys said the company would not emerge under a reorganization plan, but rather would pursue asset sales.Judge Mary Walrath, of the U.S.
The Denver Post
03/05
16 Points

New name for Denver Broncos' stadium? Not so fast.

half paid to the Broncos, the other half to the district.As Invesco shed jobs in Denver and ultimately left town in 2009, the company still paid to keep its name on the stadium."When it was originally Invesco, Sports Authority went to Invesco. It wasn't something the district did. But it did have to get (renaming) approval from the Broncos and the board," Sugar said. Back in 2001, investment firm Invesco agreed to a 20-year, $120 million naming rights contract.
The Denver Post
27/04
17 Points
1

Travel Bill would forever preserve "Mile High" in Broncos' stadium name

New corporate interests could soon line up for naming rights to the Super Bowl champions home field."Broncos fans throughout Denver and Colorado have been uniformly supportive of the Denver Broncos," said Rep. The Broncos paid the rest.The Denver' Metropolitan Football Stadium District, which oversees the stadium, already has been fielding interest from other possible sponsors, a spokesman said last month.Joey Bunch: 303-954-1174, [email protected] or @joeybunch.
The Denver Post
27/04
10 Points
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