Denver is one of the high-priority markets for a baseball club in a proposed third league that could be formed as early as 1990, according to a report cited by a Denver newspaper.

A confidential report obtained by Baseball America and published Friday says organizers of the new league have targeted 22 cities, including Denver, for teams, the Rocky Mountain News reported in today's editions.The new league would be named the Professional Baseball Federation and is backed by a group identified only as "very successful entrepreneurs."

None of Denver's top baseball activists were aware of the proposed league.

Steve Katich, executive director of the Denver Baseball Commission, said his office has had no contact with the organizers.