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Liquidator’s deadline for Mile High stadium naming rights passes without a lead bidder

National liquidator expects a lead bidder by the end of the week

The Monday deadline for bids on the Mile High stadium naming rights set by Sports Authority’s national liquidator Hilco Streambank came and went without a lead bidder — although one likely will be identified by the end of the week.

Hilco Streambank executive vice president Jack Hazan said several interested parties have approached his firm, though he declined provide details or discuss how the company has been marketing the naming rights.

The liquidator last week extended the bid deadline to July 25 from July 19, saying that, until recently, it had been too busy selling the retailer’s intellectual property and liquidating stores to focus on selling the naming rights. Englewood-based Sports Authority declared bankruptcy in March, which put a large question mark over how much longer the retailer’s name would remain on Mile High, the Denver Broncos home field.

Read more at The Denver Post

 

By: John Bauer (1915) Via Wikipe

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