A HISTORIC NFL stadium is set to be shut down, with a team planning to move to a new $4 billion ultramodern home just three miles away.

An NFL team has made a stunning announcement about its future .

On Tuesday, the Denver Broncos announced plans for a retractable-roof stadium in Burnham Yard.

The stadium will be privately financed and will be at the center of a planned mixed-use development and entertainment district.

The area will be in a former railyard property just south of downtown Denver .

The concept concerning the Broncos' proposed stadium is similar to that of the Chicago Bears, Cleveland Browns , and Washington Commanders, and their plans, which are a new stadium along with a new development around it.

Each of the teams is succeeding an older stadium.

The

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