NFL officials have been surveying Denver as a potential candidate to host the NFL draft in 2019 or 2020, Broncos president and CEO Joe Ellis told the Denver Post’s Nicki Jhabvala on Monday.

Ellis said the team hopes to find out whether the city has been selected in May when league owners convene for more meetings.

“It’s a competitive process, and we’re excited to move one step closer to bringing the NFL draft to Denver,” Ellis said in February when Denver was announced as one of five finalists to host a future draft.

The other potential host cities being considered are Cleveland-Canton; Kansas City, Missouri; Las Vegas; and Nashville, Tennesee. The NFL is expected to announce the host cities for 2019 and 2020 during a league meeting in Atlanta scheduled for May 21-23.

The NFL draft was held in Philadelphia last year and drew over 250,000 fans, with an economic impact of $94.9 million, according to a report commissioned by the Philadelphia Convention & Visitors Bureau (per Eagles Wire). Those kind of numbers would be huge for the city of Denver.

This year’s draft will be held in Arlington, Texas, from April 26-28.