State discloses purchase price for Broncos new stadium land
State reveals the official purchase price for the Broncos future stadium site at Burnham Yard as deal nears closing.
DENVER, CO - JANUARY 29: Burnham Yard is the Broncos preferred site to build a new retractable roof stadium in Denver, Colorado on January 29, 2026. (Photo by RJ Sangosti/MediaNews Group/The Denver Post via Getty Images) | Denver Post via Getty Images Good morning, Broncos Country! A new Denver Broncos stadium at the historic Burnham Yard is closer and closer to reality.
Earlier this week, the Denver Business Journal reported that the state of Colorado revealed what the Broncos have agreed to pay for the state-owned site. Included in the price is when the sale should be completed. The state and the Broncos have agreed on a $45.
8 million purchase price for the 58. 5 acres to house the future stadium. The deal is set to close by May 15, according to the Colorado Transportation Investment Office (CTIO), and reported by the Denver Business Journal’s Catie Cheshire .
The Broncos will also acquire additional parcels of land surrounding that main site. As 9News pointed out, the Broncos will pay less for the land than the state paid in 2021 when the Colorado Department of Transportation, through the CTIO, bought the parcel from Union Pacific Railroad for $50 million. But, as 9News stated, the price equals the remaining principal on CTIO’s loan, according to a purchase-and-sale agreement presented to the CTIO board.