“Empower Field at Mile High” Name Change
For Immediate Release
Friday, September 6, 2019
“Empower Field At Mile High” Name Change
Approved By Metropolitan Football Stadium District
DENVER — Today the Metropolitan Football Stadium District (MFSD) entered into a twenty-one year Naming Rights Agreement with Empower Retirement to name the home of the Denver Broncos “EMPOWER FIELD AT MILE HIGH.”
Empower Retirement, headquartered in Greenwood Village, CO will pay the MFSD an average of $3 million annually over the next twenty-one years for signage on and around the nineteen year old seven county taxpayer owned facility.
Empower will have the rights to display approved signage and logos in locations around the stadium in designated areas. Empower Retirement has 2,700 employees in Colorado and over 6,500 employees nationwide and beyond. Currently they are the nation’s second largest retirement services provider, locally serving 212,000 Colorado residents with 4,900 plans administering $16.3 billion in assets.
The stadium was initially funded by the Denver Broncos and a 1/10 of one percent sales tax which sunset in 2011. The MFSD intends to use the funds for future capital needs.
Some temporary signage is currently being installed at the stadium leading up to the home opener on September 15. Permanent signage will replace temporary signage over the coming months.
The new Naming Rights Contract and concurrent Termination Agreement are available at www.mfsd.com
2019 Denver Broncos Naming Rights Termination and Future Services Agreement2019 Empower Naming Rights Agreement