The sea of orange splashed across the seats, home or away, speaks to the bond between rabid supporters and the team.

But mention the possibility of PSLs becoming part of the proposed privately-funded, retractable-roof stadium at Burnham Yard and eyes narrow, and expletives fly.

It is another example of The Man sticking it to the average fan.

Having to pay a one-time fee for the right to pay for season tickets? As a financial mechanism, it is a crowbar slammed across the shins.

Emotionally, I feel for the fan who gets priced out. But economically, I am on the Broncos’ side.

Even though president Damani Leech admitted that using PSLs was likely, co-owners Greg Penner and Carrie Walton Penner have not made a final decision.

“Really, it����ap the furthest thing from our minds right now. It����ap still a preferred site, but it����ap not finalized that we’re going to be in that location. Obviously, that����ap where we really want to be. So really, we haven’t even gotten to PSLs yet,” Greg Penner said Tuesday. “Our season ticket holders are vital to our organization and we’re going to keep them informed every step of the way once we get there.”

Because PSLs — personal seat licenses — have left some loyal sports fans SOL around the country, they have taken on a boogeyman quality.

At the risk of spamming my own email, I counter with simple math and fairness.

I would rather people who use the facility take on the burden of additional costs than taxpayers.

Not long after former Hall of Fame owner Pat Bowlen suggested the Broncos could move to Los Angeles nearly three decades ago, voters approved a sales tax that funded 75% of the cost of the current stadium, capped at $270 million.

How many of those taxpayers have attended a Broncos game?

The team has 22,000 season ticket accounts with a 99.5% renewal rate and 100,000 people on a waiting list. Based on supply and demand, owning a season ticket is a privilege. There will be those who die waiting for the opportunity to purchase.

Could new well-heeled folks change the fabric of the crowd from blue-collar screamers to cheese nibblers and wine sippers? Sure.

However, that transformation, if we are being honest, began with the construction of the current stadium. It has never been as loud as old Mile High.

Would it stink for a lifelong season ticket holder to get priced out? Yes.

Is that worse than never getting a chance to buy season tickets? Or paying taxes for a place you will never step foot in? Nope.

“You are not going to hear a lot of complaints from economists who view this through the public policy lens. They will have no problem with taxes on tickets for the users,” said Geoffrey Propheter, an associate professor of public affairs at CU-Denver. “But yes, it can be a shock to some, particularly if you have the perspective that they are part of the community. How can you do it to them?”

Because the Broncos ownership group is the richest in the NFL, there are those who view PSLs as unnecessary, if not a full-on betrayal.

But last time I checked, owning a team and building a stadium is a business.

Could this ownership group, given its personal net worth, privately fund the stadium and not use PSLs? In theory, yes. But in practical terms, PSLs have become equity and a way to recoup or raise capital for projects of this magnitude.

I would rather the owners tack on the equivalent of a resort fee to season ticket holders than ask for public money.

The last stadium built without taxpayer dollars or PSLs was in 2002 in New England. In the last 20 years, only the construction of Lucas Oil Stadium and State Farm Stadium did not use PSLs when first built, though the majority of the costs were subsidized by the public.

For those who say the Broncos should be different, should be like the Patriots, consider that Gillette cost $325 million. Per The Los Angeles Times, the SoFi Stadium price tag was $5.5 billion in 2020.

Given the rising construction costs, it is highly unlikely the Burnham Yard palace will come in under $3 billion, and that is only if it stays on track for a 2031 opening.

Let’s say the Penners use PSLs.

Haven’t they earned the benefit of the doubt that they will do it in a reasonable way?

In the four years since they purchased the team for $4.65 billion, they have made a larger impact than Patrick Surtain II or Bo Nix. They hired Sean Payton, kept George Paton, signed core players to nearly a half billion in contract extensions, poured in $100 million to the current stadium, financed a $175 million state-of-the-art team headquarters and are on pace to give $10 million to the community this year.

They brought one of the league’s flagship franchises back to life. The playoff drought ended. The streak without an AFC West title and postseason win is in the past.

Greg Penner said he expects Super Bowl titles. As in plural.

And the owners have committed to this goal by investing in everything from injury research to improving recovery to nutrition to give the Broncos the best chance to win.

The owners have prioritized the fans’ feedback since taking over, running surveys to improve the gameday experience and gauge reactions to things like PSLs.

It will be painful for some season ticket holders. But it will not be a blindside hit.

Looking at how the owners have gone about their business, save for their support of Jonathon Cooper, there is reason to believe the PSL program will have elasticity.

If someone purchases season tickets for several years, perhaps the Broncos could return part of the money the fan paid for the PSL. The PSL program could also offer a program to upgrade seats and provide steep discounts on concessions and merchandise and priority access to other events at the stadium.

If the team remains a contender, more likely with this ownership group, it also creates a path for the season ticket holder to sell a PSL for profit.

PSLs on the secondary market can cost as little as $75 dollars for the Browns to as much as $450,000 for the 49ers, according to pslsource.com.

There are going to be those who get squeezed out. I am not naive to this. I don’t like it.

But I would rather have a few thousand upset season-ticket holders than a few hundred thousand furious taxpayers.

Broncos owners Greg Penner and Carrie Walton-Penner are more than just peers with Monfort these days. They’re also business partners after Penner Sports Group purchased a 40% stake in the Rockies in April in a deal that was estimated to be around $670 million.

Penner, speaking to reporters Tuesday for the first time since purchasing the stake in Colorado’s Major League Baseball team, said he got to know Monfort, 72, over breakfasts they get together for 2-3 times per year.

“Carrie and I have had a chance to get to know the Monforts in the 4-5 years we’ve been here,” Penner said. … “They were ready to bring on a partner and we couldn’t be more excited about doing something here in the Denver market. We’ve grown up baseball fans as well and, as you know, it����ap a terrific fanbase, ballpark and we’re really pleased to join the ownership group there.”

At the time of the purchase, the Penners made it clear they would play a support role and take no active part in the daily operations of the baseball franchise. The lingering question, of course, is whether Monfort might one day decide to give up his controlling interest in the team. If he did, the Penners now sit in a position as 40% shareholders to potentially assume control.

Penner didn’t say specifically Tuesday when asked directly if his company had an option to take a controlling stake in the Rockies at some point in the future.

“Right now we’re just focused on being supportive minority partners,” Penner said. “The Monforts are in full control and we’re going to do what we can to support them.”

“Do they necessarily need the money? I don’t think so,” Marilyn Venard of Littleton, a Broncos season-ticket holder for seven decades, told me Monday when I brought up the concept of personal seat licenses, or PSLs. “If they want to keep happy fans, they wouldn’t charge it.”

Marilyn is one of those orange-and-blue lifers, the spine and soul of ����apountry. She’s had seats in the north end zone at old Mile High, and now Empower Field at Mile High, since 1965. She’s watched a chain of quarterbacks that runs from Jacky Lee and Mickey Slaughter to Bo Nix.

Venard didn’t hesitate to renew her season tickets for 2026 for $3,000, including parking. boasting an estimated net worth of $146 billion, it does raise eyebrows. And blood pressures.

“Let’s put it this way: I think paying for the privilege of paying them money is something I find a little offensive,” Steve Altman told me by phone Monday. He’s held season tickets at Mile High and Empower since 1987.

“And frankly, I think with this particular ownership group, with the money they have, doesn’t really need it. To me, it just seems a gouge on the fans’ side of that.”

In basic terms, PSLs are a one-time fee to pay for the right to then purchase season tickets. In Buffalo, for example, buying a PSL to the new Highmark Stadium grants you those “rights” for a 30-year span. Those licenses can be eventually be sold if the buyer surrenders their season tickets.

Prices vary by stadium and seat location, but the average minimum price point among 18 NFL teams that offered them last September was $2.744, according to PSLSource.com, a third-party marketplace. Per-seat PSL charges last fall on the site ranged from $50 to $50,000.

“Oh, gracious,”  Venard said. “Well, it’s a lot of money. I don’t think I would pay it.

“I understand that football organizations are charging that now, but my goodness.”

“Would that stop you renewing?” I asked.

“It would certainly take some thought,” she replied.

PSLs are a way for owners to defray big costs, such as stadium construction. They’re as much a part of the NFL lexicon now as Bill Belichick, and twice as soulless.

It’s the sort of scheme would set upon the denizens of Springfield, a gratuity to billionaires from the working class, a mandatory tip collected by corporate overlords. In entertainment terms, it’s a 100-drink minimum to watch the latest slice of low comedy served up by the Las Vegas Raiduhs.

With the Walton-Penner Group planning to build a new stadium privately at Burnham Yard, it’s been presumed for years that PSLs were coming to ����apountry, just as standard NFL practice. This past Saturday at training camp, team president Damani Leech said the quiet part out loud.

“It seems like it����ap a pretty likely thing to happen,” Leech told reporters when asked about PSLs, “but we haven’t made any formal decisions on that.”

All we’d humbly ask of Carrie Walton Penner and Greg Penner as they crunch the numbers is to keep Marilyn in mind. To keep Steve in mind.

And the hundreds of thousands of Broncomaniacs who sat through Paxton Lynch, Kendall Hinton and Lord knows how many snowstorms. The faithful who pack hills and metal bleachers on a scorching August day, because by God, they’d walk through Hell in a gasoline suit to see this franchise back in the Super Bowl again.

“I would (ask), ‘What do they really need the money for?'” Altman said. “I mean, are they interested in the Broncos purely as a business matter, or are they doing this because they want the pleasure of owning an NFL team? You’re talking about some of the richest people in the world.”

Given that the Broncos boast a ticket wait-list of more than 100,000, the market’s betting that if you won’t pay a cover charge, somebody else will. While the introduction of PSLs isn’t designed to purge the voter rolls, so to speak, it can have that effect — especially with older and less well-heeled Broncos faithful.

Altman understands why his season tickets in the 300 level cost $2,800 to renew. But he worries about losing ����apountry’s most loyal, about trading the folks who celebrate a touchdown with a beer and shot with, shall we say, more of your wine-and-cheese crowd.

“‘Would they really need (the PSL money)?'” Altman wondered. “The revenue they’ll get from the seats themselves, that’s pretty much all theirs.”

It’s a fair question. The Walton-Penner Group are the richest owners in the NFL, and it’s not close.

In fact, you’d have to add up the NFL’s second-ranked through seventh-ranked owners’ net worths as of February ($126.6 million) to match or exceed the Walton-Penner Group’s clout. To put that number in more context, Rams owner Stan Kroenke, whose portfolio includes the Nuggets, Avalanche, Rapids and Mammoth, checked in at No. 4 on the NFL’s owners list tis past winter, with a reported net worth of $21.3 billion.

To them, the Broncos are a line item on a budget. To Marilyn? They’re family.

Losing her seats would meaning losing contact with old friends, losing a sense of of community. Venard went to Super Bowls with her neighbors in Section 323. To conference title games. Tailgates.

“And you do become a family,” Venard said. “At the beginning of the season, everybody hugs everybody, welcoming them back.”

Time and tide wait for no man, but she’d miss those hugs dearly. You can’t spell “unscrupulous” without “PSL.” You can’t spell “powerless,” either.

Sean Keeler: Your humble colleague is a footie fan, full-stop, no apologies. Got bitten by the bug during USA ’94. Partied with Nigerian fans in Athens, Ga., as we watched the Super Eagles upset Argentina to win the men’s soccer gold in ’96. Denver is an amazing, fun, vibrant soccer town. FIFA? FIFA is as crooked as the Serpents Trail, my friend. When Colorado whiffed on its penalty kick with footie bigwigs during the bid process a few years back, I raged. “What does Kansas City have that Denver doesn’t?” I asked. Rooms that FIFA had booked in blocks — only to cancel at the last minute. Oh, and without any cancellation fees on the back end for KC to recoup. Because Gianni Infantino, FIFA’s fawning, making-up-trophies-to-give-world-leaders president? That’s how he rolls, baby.

World Cup 2026: Matches, scores, brackets, results and more

Renck: The running joke is if you want to watch a good shakedown, skip the mob movies and watch documentaries on how the IOC and FIFA choose host cities. The demands are outrageous and, in some cases, criminal. In 2015, the U.S. Department of Justice indicted 14 football executives for racketeering, wire fraud and money laundering. When Denver submitted its bid, it made a final offer. FIFA wanted assurances the city would cover all cost overruns, and make everything whole. So, I am not going to crush Denver for drawing a line in the sand. The reality is the timing stunk. Everyone knows how much Denver loves soccer (See Denver Summit FC and Lionel Messi appearance). But the city needed a savior in the Broncos owners, and the bid was submitted before the Walton-Penner group took over. Who knows if they would have stepped up to fill in the gaps like soccer AFLAC. History says they would have. In the absence of that help, Denver showed proper restraint, even if watching right now hurts.

Keeler: The Denver chapter might have had a different ending if Carrie Walton-Penner and Greg Penner were in the picture to soak up cost overruns. I don't blame the city for balking, though, given what's come out over the last 8-12 months. be built over Soldier Field -- and that the locals were on the hook to pay for it. The state of Missouri reportedly forked over $78 million and the state of Kansas $28 million for infrastructure, security, etc. No wonder Colorado took a pass.

Renck: It is OK to not get everything you want. We have become spoiled because of Final Fours, high-profile soccer exhibitions and having four major sports teams that we believe Denver should host anything of merit out of default. If it were just on private donations, it would be easier to have a problem with missing out. But at the time of the bid, the city did not have its Clark Hunt or Robert Kraft to push it through. Given the financial issues facing Denver, it would be impossible to rationalize the city increasing taxes to cover the open-ended costs. There is no doubt Denver deserves to host the World Cup. But there is also no shame in showing common sense, if not cents, and waiting to go all out to host the Women's World Cup in 2031.

Keeler: And it will. Or at least, it should. Summit FC got on a roll after May 9, and the powers behind the club want to keep those good vibes going. Did you see the way Can you imagine the juice those kind of travelers would give Coors Field during another sad Rockies summer? Denver deserves to walk on world soccer's biggest catwalks. But not by having to sell its shirt first.

Kris Bryant’s last at-bat in Rockies pinstripes happened a year ago this past Sunday. April 12, 2025. Haven’t seen him since.

“Hey, look, I get it — baseball is a business,” Bryant’s father Mike told me during a short conversation last spring. “They want (Kris) hitting 40 home runs and hitting .300 … you got your Todd Heltons for that, and you’ve got your other guys. Kris is happy. When it’s all said and done, (Denver fans are) going to look back on Kris favorably.”

As a person? Without a doubt.

As a contract? As an investment? No chance.

Which is where the Broncos enter the picture, riding to the rescue on The Penner Sports Group, fronted by Broncos owners Carrie Walton Penner and husband Greg Penner, now possesses a 40% stake in the Rockies. As reported by The Post’s Patrick Saunders last Friday, the Walton-Penners are the largest minority investors for Colorado’s Major League Baseball team, topped only by the Monfort family, who retain team control.

The Broncos needed leadership and money to get out of the darkness and back into the AFC Championship Game. The Rockies need … well, everything. But more money and better leadership would be two welcome steps in the right direction.

Because, lest we forget, the Broncos had to bottom out before starting their three-year climb. The Penners and Waltons went all-in on Russell Wilson. They got a 5-12 train wreck in 2022 to show for it, all while fans counted down the play clock. At home.

Sean Payton wanted to wash his hands of Russ, who was clearly toast. So the Broncos ate $85 million in dead cap money over the ’24 and ’25 seasons for cutting Wilson, the kind of hit that’s supposed to punish a franchise for its free-spending folly.

Only a funny thing happened: The Broncos got better. Much, much, much better. And fast. Bo Nix hit. Nik Bonitto hit. Jonathon Cooper hit. Quinn Meinerz hit. Brandon Jones hit. Talanoa Hufanga hit anything within six feet of him. A lot of shrewd drafting, a pinch of smart free-agent signings and good coaching hoisted the Broncos from outhouse to penthouse.

The road is longer for the Rockies, who’ve lost 100 or more games for three straight seasons and will flirt with a fourth. The NFL is designed for parity, competitive socialism at its finest. Major League Baseball is the last of the major North American sports leagues without a salary cap.

But the Broncos couldn’t move forward until they chucked Wilson’s contract overboard and let Payton build a roster in his image.

And any hope for a new dawn in LoDo, any tailwind that pushes the Rockies forward, starts with getting Bryant’s seven-year, $182-million contract off the stinkin’ books. And as quickly as possible.

Not his fault, mind you. Nice guy. Amazing dude. Bryant’s spirit, like his smile, was always willing. His body, alas, had other ideas.

Since signing with the Rockies in March 2022, KB23 has played in only 170 games over the first four years of his deal. In what’s amounted to basically a full season of stats over the last 48 months, KB’s Colorado line to date is 632 at-bats, 29 doubles, 17 home runs, 61 RBI, a .244 batting average and a .695 OPS.

In other words, for $26 million per season, the Rockies have gotten 42 games a year of (.244 career batting average, .695 career OPS) in the middle of the order.

The surface takeaway from the Walton-Penner family’s investment was that all that sweet Walmart dough would wipe away debt. Most MLB clubs lost some serious change with the collapse of regional sports networks — the Rox reportedly collected at least $57 million from AT&T SportsNet in 2023, the last season of their old TV contract.

Given inflation, the U.S. Bureau of Labor Statistics says that $57 million in March 2023 would’ve been worth $58.98 million in March 2024, $60.39 million in March 2025; and $62.4 million in March 2026.

That’s an estimated $181.7 million shortfall for the Monforts, even before factoring in returns from the direct-to-consumer/subscriber model. You need cash to patch the wound and stop the bleeding.

The other purple elephant in the Monforts’ room, of course, is Bryant, a deal that’s aging the way

A bad idea at the time looks even worse now. Counting this season’s salary, the Rox still owe Bryant, now 34, another $81 million through the end of the 2028 season.

Word leaked that Bryant was signing with Colorado the same day that Wilson was introduced as the new QB savior of the Broncos in Dove Valley — March 16, 2022, a date that will forever live in Front Range infamy.

The Waltons and Penners quickly saw the error of their ways, although it helped that NFL contracts aren’t guaranteed beyond the signing bonus. MLB deals are. Bryant is repped by Scott Boras, and baseball divorces aren’t cheap. An injury settlement feels like the most logical path at this point. Which is why it’s also not hard to picture the Monforts asking Walton-Penner and her husband if they’d like to chip in to help the Rockies get past their version of the Wilson deal.

“It’s just been very frustrating (here),” the elder Bryant told me. “We came in with high expectations for him to really enjoy himself and it was killing him (to not play). Then to listen to the B.S. that goes along, people running their mouths about how he wasn’t worth the contract …

“It’s not like he was trying to play at 80% (health). He was trying to play at 50%. You can’t do that in this game. There’s just too many good pitchers. It’s a brutal game.”

With brutal realities. If the Broncos can make two of the worst deals in Denver sports history go away, that would be almost as impressive as sticking a fork in the Chiefs’ AFC West dynasty.

So let’s get to a few of them:

• Will Broncos owners Greg and Carrie Walton Penner, the husband and wife team that form the Penner Sports Group, eventually become the controlling owners of the Rockies?

Such a deal is not imminent, but it wouldn’t shock me if it eventually happens. I’ve had a source close to the situation tell me there is no timetable for that to occur, but the source also told me it could very well happen down the line.

• Did Paul DePodesta, the Rockies’ new president of baseball operations, know about the deal when he left the Cleveland Browns to join the Rockies in November? Was he aware that the Penners were planning on buying a 40% ownership stake in the Rockies?

I’m told that DePodesta did not know that a deal was coming, meaning that his oft-quoted statement, “I’m a sucker for a challenge,” still rings true.

• Will Dick Monfort’s role as the owner of the Rockies change?

The short answer is no. He already backed away from his day-to-day involvement in the team when Walker Monfort, his oldest son, became team president. As Walker Monfort told me shortly before the season opened, “I’m more responsible for day-to-day than I have ever been, but I would say my dad is still the ultimate shot-caller, so to speak.”

• Will the Penners reduce their involvement with the Broncos and become hands-on owners at 20th and Blake?

Nope. As Denver Post Broncos beat writer Parker Gabriel put it: “The Penners are not going anywhere with the Broncos and the NFL. They will not have day-to-day roles with the Rockies, sources told The Post, and they are plenty busy with football.”

• The infusion of an estimated $672 million from the Penner Sports Group allows the Rockies to retire all of their outstanding debt. That provides additional capital that, theoretically, could be spent to increase player payroll. So, will the Rockies go on a spending spree this season? Or in the 2026-27 offseason?

That’s highly doubtful, for a couple of reasons. First, the team is still on the bottom floor of its rebuild and still assessing its talent level.

Second, even though the Rockies are playing better baseball than they did last season (how could they not?), it wouldn’t surprise me if the Rockies flirt with another 100-loss season. Spending big bucks now doesn’t make sense.

Third, and most important, it’s highly likely that Major League Baseball owners will shut down business with a lockout when the current collective bargaining expires in December. That’s going to complicate things and cool down any hot stove action.

• Will Dick Monfort abandon his quest for a salary cap and a more equitable financial landscape across MLB?

That’s a tongue-in-cheek question. I raise it because the Twittersphere has been filled with smart-aleck fans tweeting that the “suddenly wealthy” Rockies can now compete with the big boys. That’s not the case.

Plus, Monfort has a close relationship with baseball commissioner Rob Manfred and plans to be heavily involved in labor negotiations between MLB and the MLBPA. Monfort believes that baseball’s economic system is broken, and he wants to help fix it.

• The Dodgers, Yankees and Cubs all have their own lucrative television networks. Could the Rockies, eventually, do something similar?

This is pure speculation on my part, but it wouldn’t surprise me if, somewhere down the line, that happens, especially if the Penner Sports Group ever gains controlling interest in the Rockies.

• How can Broncos ownership invest in the Rockies when they already have a stake in the Arizona Diamondbacks?

This was also out in the Twittersphere. Here’s the deal: Last month, part of the Walton-Penner Family Ownership Group that owns the Broncos, also has a 10% share of the D-backs. However, Greg and Carrie Walton Penner do not have a stake in the D-backs, thus allowing them to buy into the Rockies.

• Will the new ownership dynamic allow the Rockies to find a resolution to Kris Bryant’s contract situation?

It certainly appears that Bryant will never play baseball again because of lumbar degenerative disc disease. But, counting this season, he’s still owed $81 million through the 2028 season. One way or another, Bryant will get his guaranteed money. Can the Rockies work out a deal where Bryant would defer some of those millions of dollars? It’s possible, but I don’t think the infusion of the Penner’s money changes anything.

Every year, there are playoff teams that fall and bottom dwellers that make a surprising run to the postseason.

Sometimes the malaise lasts — it did in Denver for nearly a decade after winning Super Bowl 50. Sometimes it doesn’t — would it surprise anybody if Kansas City and three-time Super Bowl champion Patrick Mahomes were back in contention this fall?

Even in a sport where the wide-open on-field product is a feature rather than a bug, there are still power players and power centers.

As the NFL spring owners meetings in Phoenix wrapped up a couple of weeks ago with black SUVs idling to whisk multimillionaires and billionaires from the Arizona Biltmore to waiting jets, the Broncos had provided plenty of material to fill reporters’ notebooks.

On the field, Sean Payton and George Paton discussed the acquisition of Jaylen Waddle, the decision to move Jonah Elliss to inside linebacker, the upcoming draft and more.

Away from it, owner and ����apEO Greg Penner and president Damani Leech turned up the pressure on the club’s Burnham Yard stadium project, talked about their new, $175 million team headquarters nearing completion, the impact of hosting an AFC Championship Game and coming within four points of the Super Bowl and more.

Tangible stuff. Quite a bit of it.

Less obvious in some ways but just as palpable: The reality that, as they approach five years owning the Broncos, Greg Penner and Carrie Walton Penner are a growing power center in the NFL. Their stature is growing similarly in Denver and the state of Colorado, too.

Those points were driven home further on Friday when the couple, through their family entity Penner Sports Group, finalized the purchase of a 40% stake in the Colorado Rockies.

The Penners are not going anywhere with the Broncos and the NFL. They will not have day-to-day roles with the Rockies, sources told The Post, and they are plenty busy with football.

Not only are they waist-deep in the myriad, complex processes and business dealings that come with trying to build a new stadium and entertainment district — a project that, if everything progresses roughly along the team’s preferred timeline, will last another five-plus years — but they are set to move into their new HQ in June. They’ll be in the team’s draft room all three days, as they always are, later this month. They are overseeing projects like the team’s $8 million “All In. All Covered.” high school helmet program and other community initiatives. They’ll likely work out a contract extension with general manager George Paton in the coming months. On and on and on.

That����ap just the team. Between the pair, they also now serve on seven NFL ownership committees.

Carrie Walton-Penner: Health and safety, diversity and the NFL foundation.

Greg Penner: The powerful labor committee, compensation, ownership policy and finance.

Those committee assignments put Penner in the middle of the league figuring out whether and now how to invite private equity money into team ownership groups, determining compensation for commissioner Roger Goodell and, in the coming months and years, negotiating first with the NFL Referees Association on a new collective bargaining agreement and then with the NFL Players Association on the same. The biggest story at this year’s league meetings was about whether replacement referees will be needed this fall. As soon as next year, conversations about extending the NFL season to 18 games, growing the international slate, negotiations about player revenue shares and more will likely dominate the conversation.

Essentially, the Penners are in some way, shape or form involved in virtually every core issue the league will tackle in the short and intermediate future and probably the longer-range future as well.

Friday’s announcement about the Rockies stake changes nothing. It remains to be seen just how much their investment in Dick Monfort����ap team will be felt or seen immediately, though it very clearly puts the club in a much better cash position than it previously was.

It remains to be seen, too, to what degree the Rockies become part of the Penners’ overall influence and impact on Denver and Colorado sports. Perhaps it will be in the background for years and decades to come. Perhaps not.

What is clear this spring, though, is that they’ve gone from the new owners on the NFL block to among the league’s foremost figures in less than a half-decade. Ownership groups around the NFL have most certainly taken notice.

Along the way, the club has returned to prominence on the field and has planned a major facelift for part of central Denver.

In Phoenix recently and in the aftermath of Friday’s announcement, though, this all feels like it����ap still closer to the beginning than the pinnacle of the Penners’ influence in football and on the Front Range.

Holy Blackout, Batman! Unless a Dark Knight swings in to save the day at the 11th hour, Denver sports faithful appear to once again be on the wrong side of a Comcast/Xfinity dispute that threatens their ability to watch championship-level teams in action.

�ݴھ��Ծ��ٲ���dropped channels owned by E.W. Scripps earlier this month in a contract squabble. Denver’s KMGH-TV (Denver7) is one of those Scripps stations — and, as an ABC affiliate, will be carrying some of the NBA Playoffs and Stanley Cup Playoffs.

ESPN/ABC is slated to air roughly 18 NBA postseason games during the first two rounds, and likely one of the two conference finals series this spring. ESPN/ABC will air the NBA Finals and Stanley Cup Finals exclusively.

While specific games and network assignments have yet to be announced, it doesn’t take a VPN to see where this could be going.

And, frankly, it breaks the hearts — yes, we still have them — of the hoops nerds on the Grading The Week crew. Especially as it was only 15 months ago that Nuggets and Avs fans finally got Kroenke Sports & Entertainment’s Altitude channel back on Xfinity after nearly six years of darkness, public sniping and lawsuits.

Comcast/KMGH blackout — D

OK, we hear you. Enough sobbing. So, what are fans’ options for Nuggets and Avs playoff games that they can’t get on Xfinity? You’ve got a few, although none are perfect:

1. Buy a digital antenna. Easy to purchase, easy to install. Signal strength, however, may vary depending on your location.

2. Go full digital.

3. Pay for a streaming option such as Hulu, YouTube or Fubo, for example. (Full disclosure: The higher-ups in the GTW offices have been streaming for ages.)

4. Go full pirate, baby! Yarrrr!

The latter isn’t legal, mind you. But unfortunately, most Nuggets and Avs fans in the metro long ago learned — and frankly, had to learn, thanks to the blackout — how to find their games via more nefarious means.

Rockies making purple cool again? — B

We can’t believe we’re typing this any more than you can believe reading it,  but the Rockies — your Rockies, baseball punching bag, national punchline — had a heck of a week.

Friday morning’s news, as broken by The Post’s Patrick Saunders, brought smiles from FoCo to Castle Rock with the announcement that Broncos owners Carrie Walton-Penner and Greg Penner are purchasing a 40% ownership stake in Colorado’s Major League baseball club.

If nothing else, it probably means a nice cash boost for the Rox as the sport heads into potential labor uncertainty with the expiration of its agreement with the union looming in December. While the Monforts retain control of the team, everything Walton-Penner and Penner have touched with the Broncos so far has turned to gold — or pretty pristine silver, at any rate. It speaks well of the family’s investment in Front Range sports and the Rockies’ long-term prospects, financially and (hopefully) competitively.

Meanwhile, look who’s winning? The Rockies were 2-6 on April 4, you know, same as it ever was. The Phillies rocked Michael Lorenzen in a disastrous 10-1 laugher in the home opener on April 3.

The Rockies went 4-1 over their next five games, with a four-game win streak snapped at San Diego late Thursday night.

Fan fave Mickey Moniak from April 3-8 stirred the drink with three home runs, five RBI and a .714 slugging percentage to lift the middle of the order, while Willi Castro hit .412 and slugged .647 over that span.

Schedule the parades? Not yet. And small sample size, yes. But the last time the Fightin’ Monforts notched at least six wins from their opening 13 games was 2022 (8-5). Their record was 3-10 after a baker’s dozen contests a year ago. They opened 3-10 in ’24; 5-8 in ’23.

The ’22 Rox, by the way. wound up 68-94. If Warren Schaeffer coaxes a 25-win improvement from last year’s 43-119 nadir, give that man your Manager of the Year vote.

After two decades of operating the Rockies as a mom-and-pop grocery store, it was time for owner Dick Monfort to bring in Walmart as a partner.

In what amounts to a home run for baseball fans in this state and region, Monfort has agreed to sell a 40 % minority stake in the Rockies to the Penner Sports Group, composed of Broncos’ co-owners Greg Penner and Carrie Walton Penner.

With a roughly $672 million investment based on Forbes’ most recent $1.68 billion valuation, the Penners will provide funds to pay down debt and financial resources that give Monfort runway to determine his future vision for the franchise as a labor stoppage looms following this season.

For Monfort, it was past time in the national pastime to treat the Rockies as a civic institution. By bringing on the Penners, he shifts the conversation about his ownership from selfish to selfless. At last.

It is wise, if not belated, recognition that family-run sports teams are becoming archaic and lack the wherewithal to consistently chase championships.

Monfort has groused in recent years, including in an interview with The Post before the 2024 season, about Major League Baseball’s lack of a salary cap. The concern about competing became amplified with regional sports networks dissolving, siphoning a source of revenue for a Rockies team that is already heavily dependent on attendance.

In the most recent homestand, the Rockies posted their smallest crowds in Coors Field history.

But lost in that nadir is that Monfort finally realized in October that significant changes were needed.

His decision to promote son Walker Monfort to vice president and give him freedom to hire baseball president Paul DePodesta, general manager Josh Byrnes and a battery of new business people was the clearest signal that he understood how dormant the team had become after seven consecutive losing seasons.

Until Friday.

This is a seismic event. A grand slam for Rockies fans.

By bringing the Penners on board, it creates a pathway for the Rockies to become relevant.

In 34 seasons, the Rockies have managed only five playoff berths, never won a National League West title and appeared in one World Series in 2007, swept by the Boston Red Sox in a buzzkill end to the most magical run in baseball history.

The obvious question: Why wouldn’t Dick Monfort simply sell the team?

This is something understandably frustrated fans have been chirping about for years.

It was not time for that. On multiple levels. Could that change down the road? Perhaps.

But starting with conversations a year ago, the Penners were motivated to get involved rather than take over. This is not a palace coup. It is a partnership. But it is also one (heck) of a safety net.

The new partnership continues momentum for Monfort, which has been evident on the field with the team’s 6-7 record after starting last season 7-33 en route to losing 100 games for a third consecutive season.

And it gives the Penners an opportunity to become financially tethered without dealing with the minutiae of running another team.

Can we pause for a second and acknowledge the commitment to sports and this community the Penners have shown since the summer of 2022?

As they enter their fifth year owning the Broncos, they have built a $175 million team headquarters, moved forward on a privately-financed new stadium for billions of dollars, created a $12 million initiative to donate over 15,000 helmets to high school football teams and and turned the franchise from a laughingstock to a Super Bowl contender by hiring Sean Payton and signing players to in-house contract extensions for more than $400 million over the last 18 months.

To Colorado sports fans, it’s worth even more.

The Penners have shown at every turn that they are amazing stewards, setting a standard for excellence in everything from how their players travel and eat to how they increase alumni involvement.

Before you ask, their roles with the Broncos will not change. Owning the team has exceeded their expectations in how fulfilling, challenging and rewarding it has been. They will still attend practice a few days a week and mingle at the facility.

The Rockies, make no mistake, piqued their interest as a business investment.

Like many who have lived here, they recognize that baseball is a sleeping giant, a potential No. 2 sport in Colorado if Rocktober returns semi-annually. Coors Field, despite being the third-oldest ballpark in the National League, remains a destination spot with its timeless appeal and charm.

Fans have shown they will come if the team is good. It just takes several flips back in the calendar to remember when that was.

Overall, baseball is on the right track, benefiting from the pitch clock, eliminating shifts and creating the Automated Ball-Strike Challenge System.

The Penners obviously saw this.

For the Rockies, for Monfort, this move makes sense.

Just look at all the Penners have done, how deep their pockets are, and how much they commit to ventures. They are unbelievably curious people who look for answers, never satisfied with the status quo or mediocrity.

They will learn baseball just as they did the NFL. There is no reason to think they cannot help make the Rockies better.

Everyone will wonder if they will eventually buy the team. That is for a later day and could hinge on the outcome of the labor talks, in which Monfort serves as a hawk in the negotiations for commissioner Rob Manfred.

Since back-to-back playoff berths in 2017 and 2018, the Rockies have nosedived, bottoming out with 119 losses last season.

By bringing in the Penners, Monfort is letting the respected neighbors down the street spruce up the place. Their money matters. But more than that, it provides hope for the future.

And for this city, this state and the fans, that is priceless.

The adrenaline of a 33-30 overtime win over Buffalo began to fade Saturday evening, but so much more sat right there for the Broncos offensive lineman to consider.

The week ahead. The AFC Championship Game at Empower Field. A trip to the Super Bowl on the line.

As Forsyth pulled out of the stadium, however, he went the wrong way.

Road closed ahead. Standstill traffic.

He sat with his thoughts. Then his phone buzzed.

A group message lit up with a text from a friend.

Bo Nix broke his ankle. Out for the season.

Forsyth assumed his friend had bad information.

“I figured it was one of those fake football accounts,” he told The Denver Post this week. “I was like, ‘Nah, I think you got fooled.’”

Forsyth had just seen Nix in the postgame training room. The third-year center has ankle issues himself, missed 16 snaps Saturday and was evaluated again after the game. He talked with Nix, a teammate in Denver for two years and at the University of Oregon in 2022, briefly about the game while waiting around the X-ray room.

“I didn’t think anything of it,” Forsyth said. “I’ve played with Bo since Oregon, so I know when something’s wrong. I couldn’t tell or anything.”

Nix didn’t yet know he’d broken a bone in his right ankle, though he suspected something was wrong. He didn’t yet know he’d have surgery less than 72 hours later. That there was no way he could continue playing this year.

It all turned out to be true. Forsyth’s friend was right.

Teammates and coaches found out in myriad ways.

Offensive coordinator Joe Lombardi was driving home with his son, who told him. He, too, thought bad information must have somehow spread.

Lil’Jordan Humphrey was on his way to the parking lot when a teammate told him.

“It broke my heart a little bit,” said the wide receiver, who hours earlier hauled in a touchdown from Nix against the Bills.

Fellow quarterbacks Jarrett Stidham and Sam Ehlinger were in the training room with Nix while he was evaluated and the imaging was done. They each described the moments that followed as “devastating.”

Head coach Sean Payton, his team scattered to the wind, decided to announce the news to reporters right away Saturday night. He did so because he knew the injury wouldn’t stay quiet until a Monday morning team meeting, but in the process, he also seized an opportunity to set an immediate tone.

Payton didn’t just say Stidham would be fine. He pushed his chips to the middle of the table right away.

“Just watch,” he said defiantly of his No. 2. In the days since, Payton’s confidence has sometimes veered toward bravado.

Part of that really is about belief in Stidham. Much of it, though, is because Denver is not scrambling this week trying to figure out how to approach life without Nix. Really, Payton and the Broncos front office have spent the past three years assembling a team and an operation built for this exact moment. Now comes the biggest stress test to date on the biggest stage yet.

‘Hurricane proof’

Payton often talks about identifying players who are “hurricane proof.”

He attributes the metaphor to legendary University of Alabama football coach Nick Saban.

“Toughness really is not necessarily about physical, but the mental and how much you can take,” Payton said earlier this season. “And (Saban) likened it to hurricane windows. You can get the 139s, the 150s or the 189s. Obviously, if you go up, they cost more.”

Finding the right players, Payton said, is “finding the 189s.”

In November, Payton implored reporters to pick a Super Bowl team. Any of them. They all go through storms.

“They come every season,” Payton said then, providing an ominously accurate forecast.

Denver at the time had just lost running back J.K. Dobbins to a foot injury. All-Pro corner Pat Surtain II was out with a pectoral strain, too. That����ap bad weather, to be sure, though Denver had won seven straight and would ultimately run that streak out to 11.

Stunningly losing your quarterback 60 minutes from the Super Bowl isn’t a squall.

It’s the eye wall of a Category 5.

Payton, however, thinks his team will come out the other side Sunday still standing.

He built the Broncos that way.

“It starts with really the right type of DNA that you’re bringing in,” he said in November. “You’re bringing in these guys with grit, toughness, football I.Q.. Generally speaking, those are hard-weathered players that can withstand the storms that come in our league.”

Hard and dark times

When Payton arrived in Denver in early 2023, he promised players on the roster one thing: The past did not matter. Everybody would be evaluated on what he, his staff and the front office saw with their own eyes going forward.

Some talented players didn’t last more than the first season, like 2020 first-round receiver Jerry Jeudy.

Some who’d been leaders under previous coaches did not work for Payton, like guard Dalton Risner and safety Justin Simmons.

Others, though, found their way through the chaff and into the light.

One example: 2023 undrafted rookie Jaleel McLaughlin. The North Carolina native spent part of his childhood in and out of homelessness. He played Division II and then FCS football. His pre-dawn workouts became the stuff of legend.

Payton liked the tape. He loved the rest.

“I heard the report on how he arrived at being a candidate to be in the NFL,” Payton said. “Then the question was, ‘Is he good enough?’ That question has been answered.”

Talent and traits matter. There is a performance baseline that is required to make it in the NFL. But to Payton, once that line is satisfied, grit is a differentiating factor.

That����ap how nickel Ja’Quan McMillian, undrafted in 2022, went from early bench player for Payton to starting nickel to now one of the premier slot men in the game.

Defensive coordinator Vance Joseph, this week, acknowledged to The Post that McMillian doesn’t hit the physical thresholds Denver sets for defensive backs.

“He’s undersized,” Joseph said. “He’s fast but not really fast. But he was always tough and smart and the ball always found him. That����ap his best trait. Having him here for three years, you watch him and how much he’s overcome, first with his physical traits. But he’s so tough mentally and he’s so smart.

“When things get hard and dark, he’s at his best. You need guys like that. Sometimes you have guys who are really, really good athletes, they’re the perfect profile, but when things get tough, those traits go away.”

The Broncos prioritize players like McMillian and McLaughlin. They, like everybody, need elite talent and they have it in Surtain, OLB Nik Bonitto, DT Zach Allen, RG Quinn Meinerz and others. But they’ve managed to collect high-end players who are “like-minded,” as Allen describes it, and then fill in the roster based on a willingness to sacrifice on talent or traits for players they believe fit their mental mold.

“Sean’s done a good job of finding players like that,” Joseph said. “Guys who love football. Guys who just earn their way. Our defense is full of them. Malcolm Roach has earned his way. Not a profile guy by any means. Undersized for a defensive lineman. But just tough, smart and the energy is so positive every day.”

The Grit Lab

Ralph Waldo Emerson wrote in his 1841 essay, “Self-Reliance,” that “an institution is the lengthened shadow of one man.”

If the Broncos’ football operation is an institution, Payton casts the shadow.

He is obsessive about winning. “Maniacal,” he’s said multiple times, about any detail he deems as being even remotely potentially impactful to that cause.

That does not mean everything he does is right, that he handles every situation with aplomb or that those tendencies can’t sometimes get in his own way.

What it does provide, though, is clarity.

Once a goal is set forth, it does not go back to the shelf. Once a standard is set, it cannot be lowered.

The wrench turns only one direction.

In 2023, Payton’s first year, he said he’d be “pissed” if the Broncos didn’t make the playoffs.

The next year, he stiff-armed any notion that carrying $53 million in dead salary cap from Russell Wilson’s contract and playing a rookie quarterback should dampen expectations for his team. He reminded everyone about those dead cap charges after Denver made the playoffs, but never used them to head off a potential step back because he never believed a step back would come.

“When you have like-minded people, excuses aren’t going to be an option,” Allen said. “That����ap why the past two years have been so good is because we’ve been able to bring in like-minded people. Guys really, genuinely enjoy spending time with each other and the more time you spend here, the better you’re going to be.”

Players can sharpen skills, get stronger or become more familiar with schematics, to be sure. But they can also learn to become grittier. More hurricane-proof.

Payton said as much Thursday, citing , a psychology professor at the University of Pennsylvania and the author of the 2016 book, “Grit: The Power of Passion and Perseverance.”

“Obviously, it����ap something that I think is learned to some degree,” Payton said. “It����ap not like, ‘Oh, I was just born with grit genes.’ It can be developed.”

It can be developed, Duckworth contends, not just in individuals but in organizations.

Duckworth, who teaches a course at Penn called “Grit Lab,” hasn’t worked with Payton previously but she’s been rooting for Denver in the playoffs because she is friends with — and has received research funding from — Broncos owner Carrie Walton-Penner.

In 2018, Duckworth co-authored an article and wrote that “restlessness with the status quo and an unrelenting drive to improve” are fundamental to organizations with grit and that, “clarity around high-level goals can be a competitive differentiator.”

Payton believes that in Year 3, his Broncos have all of that.

The next challenge

Ultimately, none of this may matter Sunday against the Patriots.

Nix’s loss is a big one, no matter how resolved the rest of the group is.

The gambling company Circa Sports earlier this week installed New England as a 5.5-point favorite and its risk manager, Jamey Pileggi, determined the Broncos would have opened as 1.5-point favorites had Nix not been injured.

That’s a 7-point swing. Ten of Denver’s wins this year have been by that margin or less. Six of the NFL’s 10 postseason games thus far have been, too.

The Patriots matched Denver’s 14 regular-season games and have dominated the Los Angeles Chargers and Houston so far in the playoffs.

Amazingly, only a Week 1 loss to Las Vegas, the worst team in football, produced the tiebreaker that put this game in Denver rather than Massachusetts.

Head coach Mike Vrabel’s team is balanced, explosive and led by quarterback Drake Maye, a 2024 NFL Draft classmate of Nix’s who authored an MVP-contending season.

They’re good. They’re favored. Most expect they’ll win.

What had become clear over the course of 12 one-score wins, though, is that the Broncos do not rattle easily.

What has crystallized in the hours and days after Nix’s injury is that they will not rattle even in the aftershock of one of the most surreal post-game emotion swings a group could endure.

Certainly, if the Broncos bow out, players and coaches will wonder what might have been. They will remember the year they had such a golden opportunity and when it changed just that fast, so close to the finish line.

Right now, though, Payton is betting he’s built a fortress impenetrable to such thoughts as long as there is still an opponent ahead.

“Anything that����ap like, ‘imagine if we had this,’ that never crosses anybody’s mind,” Allen said.

Payton showed up Monday morning for a team meeting, the first time the group had been together since Nix’s injury, and told them that Sunday would be determined not by how Stidham played, but by how everybody else did.

He projected confidence, just like he did Wednesday when he implored Broncos fans to be loud and said they’d have “plenty of time to rest after this one. Two weeks.”

From the first days of training camp this year, Payton talked about this team as one that could make a championship run. He didn’t guarantee it, but he said he wanted the group to be comfortable thinking and talking in those terms.

For as much as the earth moved beneath the Broncos’ feet in the hour after Saturday’s win, the reality at hand Sunday did not.

Two teams are left in the AFC. One of them is going to the Super Bowl.

Payton, seemingly, hasn’t even considered the possibility of the Broncos not being that team. His lengthened shadow envelops the locker room entirely.

“He just knows what he’s got,” Humphrey said. “He knows what kind of coach he is, he knows what type of players he has in this locker room and he doesn’t think it matters what the situation is.

“We can go out there and handle business.”