Drive Coffee, a Centennial roaster that was once the official coffee of the Denver Broncos but is now out of business, has agreed to pay the team $350,000 to make a lawsuit go away.

Drive was sued Aug. 8 and accused of not paying $1.5 million in sponsorship fees for 2023 and 2024 while continuing to call itself the official coffee of the Broncos on its packaging and social media pages. Eleven days later, the two companies told the court of their settlement.

Drive will pay $350,000 plus attorney fees under the deal, which was signed by CEO Alex Grappo and Broncos’ general counsel Tim Aragon and approved by a judge Aug. 21.

Drive Coffee and its attorney have not answered requests to discuss the Broncos case.

It is the third court judgment against Drive this year. The entity has also been

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