Penner pushes for a 2031 Broncos stadium, not a bigger stake in the Rockies

Key Takeaways:

• Penner aims to complete a new Broncos stadium by 2031
• He does not plan to become the majority owner of the Colorado Rockies
• He and his wife bought a 40% interest in the Rockies earlier this year
• Penner is determined to focus on the Broncos’ future home
• The story originally appeared in Timeswv on 2026-08-12

A Focus on Denver’s Future

Greg Penner, the owner of the Denver Broncos, has set his sights on building a new stadium for the team by 2031. This forward-looking project stands out as a top priority, reflecting Penner’s commitment to ensuring the Broncos have a state-of-the-art facility for years to come.

Rockies Ownership: No Further Expansion

While Penner has considerable interest in Denver’s sports landscape, he has already made it clear that he is not looking to become the majority owner of the Colorado Rockies. Earlier this year, Penner and his wife secured a 40% stake in the baseball franchise. Despite this notable investment, Penner remains adamant that his focus lies with the Broncos’ stadium plans.

Why 2031 Matters

The year 2031 has become a defining marker for Penner’s vision. By committing to a specific date, he underscores the importance of proper planning, financing, and development for the Broncos’ new home field. Penner’s emphasis on this timeline highlights the scale of the project and the ambition behind it.

A Vision for Sports in Denver

Penner’s decision underscores his focus on elevating professional football in Denver without seeking further expansion in baseball. His existing ownership in the Rockies complements his investment in the city’s sports scene, but the central goal remains to see the Broncos thrive in a modern stadium built to meet their long-term needs. Through this approach, Penner aims to shape the future of Denver’s sports environment—staying true to each team’s priorities and respective opportunities.