While many people are celebrating plans for a new Broncos stadium, others are wondering what it will mean for taxpayers. An economics expert who researches how sports facilities are financed is skeptical about some of the claims that have been made.
The Broncos team ownership group, along with Gov. Jared Polis and Denver Mayor Mike Johnston, say the new stadium will be “privately funded” with “no new taxes.”
University of Colorado professor Geoffrey Propheter is a self-identified sports fan and an expert in economics and public finance, having conducted extensive research on the financing of sports arenas and stadiums across the country…