The franchise was restarted in 1989 after sitting out the 1988 season, with the ownership purchased by Englewood, Colorado investment banker, Gary Graham for $125,000.
[1] Graham's first move was to hire former NFL and AFL coach Babe Parilli as the team's head coach.
[2] The team struggled to earn money during the 1989 season due to only hosting one home game.
[1] The team finished with a 3–1 regular season record, and lost in the first round of the playoffs, 37–39 to the Gladiators.
[3] y – clinched regular-season title x – clinched playoff spot Wide receivers/Defensive backs Offensive linemen/Defensive linemen Kickers Rookies in italicsRoster updated March 11, 2013 18 Active, 0 Inactive, 0 PS → More rosters