The Denver Broncos' plans for a new stadium by 2031 are still in the works, with the team's owner and CEO, Greg Penner, declining to comment on the personal seat license (PSL) policy for the new venue.
The decision on PSLs, which can become very expensive based on the quality of the seats, has yet to be considered by the team.
Greg Penner addressed the PSL issue during a Tuesday press conference with reporters, saying, "Really, it's the furthest thing from our minds right now. We're so focused on — we've had so many steps before that. . . . [Burnam Yards is] still a preferred site but it's not finalized that we're going to be in that location."
The Broncos are currently considering a site in Burnam Yards, with the team's season ticket holders being a vital part of the organization.
Plenty of teams use PSLs, which can be a significant source of revenue for stadium construction.
The PSL policy is a crucial aspect of the new stadium's plans, as it will determine how fans can purchase season tickets and the associated costs.
Greg Penner emphasized the importance of keeping season ticket holders informed every step of the way once the PSL policy is finalized.
The team's focus on the PSL policy is understandable, given the complexity of the issue and the need to balance fan interests with the financial realities of stadium construction.
However, the decision on PSLs will have a significant impact on fans and the team's relationship with the community.
The Broncos are expected to provide further updates on the PSL policy in the coming months, as the team continues to work towards a new stadium by 2031.
Source: Yahoo Sports