Sports Authority Looks To Replace Invesco at Mile High in $150 M Deal
Sports Authority has made a bid to replace Invesco as naming rights partner at Denver's Mile High Stadium. The Denver Post reports that while Invesco, whose $6 million a year deal runs through 2020, was not looking to exit the deal early, it was willing to part ways with the team in advance of 2020 due to a shift in business strategy. Sports Authority's deal, if approved by the city next Tuesday, will be worth $150 million over the next 25 years.
