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Media & Entertainment Law
: Sports BizYour Name Here Stadium
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Ever want to have a stadium named after you but didn't have a spare $40-$400 million dollars to throw around, especially now that your portfolio has taken such a hit. Well, I have such the solution for you. In Rochester, New York, the Rhinos, one of the country's most successful second division (USL -1) soccer teams, has been having difficulty finding a buyer for the naming rights to their relatively new downtown stadium so they have decided to put the naming rights up for sale for $1,000. Any season ticket holder or sponsor which spends $1,000 will get one entry into a drawing for each $1,000 spent. One name will be drawn at the Rhinos home opener against the Montreal Impact. The winner will have the naming rights to the stadium for the 2009 season.
If you're interested the complete rules can be found here.
Full post as published by Sports Biz on April 17, 2009 (boomark / email).
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