Current:Home > StocksPitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium -CapitalCourse
Pitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium
View
Date:2025-04-12 09:29:15
Pitbull’s collaborations in the music world helped turn him into a Grammy Award-winning international superstar and entrepreneur, but his latest partnership represents a groundbreaking foray into college sports.
Florida International announced Tuesday during a news conference that it is renaming its football stadium “Pitbull Stadium” for the next five seasons in what’s believed to be an unprecedented sponsorship arrangement between a university and a celebrity.
REQUIRED READING:Georgia tops preseason college football poll. History says it likely won't finish No. 1
The five-year deal is worth $6 million — Pitbull will pay the school $1.2 million annually and has an option to extend the contract an additional five years — according to ESPN. It includes Pitbull’s purchase of the naming rights to the stadium, the sale of Pitbull’s Voli 305 Vodka at FIU games, use of the venue for 10 days each year, an FIU anthem created by Pitbull, the title of “official entrepreneur of FIU athletics” and other promotional and fundraising perks.
The facility, formerly known as FIU Stadium, has a seating capacity of 20,000 and opened in 1995. FIU athletic director Scott Carr said it’s the first time an athletics venue will be named after a musician. The arrangement was formally approved by the FIU Board of Trustees on Tuesday.
“What we’re doing here is groundbreaking. We’re making history. This is history in the making,” said Pitbull, whose real name is Armando Perez. “You’re going to see every other university wants to do the same thing. But the difference is we don’t do this for propaganda. We do it from the heart. We do it because it’s meaningful. We do it because I’m from the crib. I’m 305. This is my backyard.”
REQUIRED READING:College football season outlooks for Top 25 teams in US LBM preseason coaches poll
The singer and rapper — known as “Mr. 305” because of his Miami upbringing — acknowledged that he didn’t attend FIU, nor did he graduate from high school, but that he has ties to the school through “people that I love dearly.” He also emphasized that investing in education has become one of his passions.
“I want to say thank you to FIU for believing in me and believing in this movement,” Pitbull said.
FIU football will host its first game at Pitbull Stadium on Sept. 7 against Central Michigan.
veryGood! (84)
Related
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Kelly Clarkson Shares How Her Ego Affected Brandon Blackstock Divorce
- Southwest Airlines' #epicfail takes social media by storm
- Climate Activists See ‘New Era’ After Three Major Oil and Gas Pipeline Defeats
- The company planning a successor to Concorde makes its first supersonic test
- Will a Summer of Climate Crises Lead to Climate Action? It’s Not Looking Good
- How new words get minted (Indicator favorite)
- Detlev Helmig Was Frugal With Tax Dollars. Then CU Fired Him for Misusing Funds.
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Sam Bankman-Fried to be released on $250 million bail into parents' custody
Ranking
- Current, future North Carolina governor’s challenge of power
- Everything to Know About the Vampire Breast Lift, the Sister Treatment to the Vampire Facial
- Louisville’s ‘Black Lives Matter’ Demonstrations Continue a Long Quest for Environmental Justice
- Video: Regardless of Results, Kentucky’s Primary Shows Environmental Justice is an Issue for Voters
- A South Texas lawmaker’s 15
- Rudy Giuliani should be disbarred for false election fraud claims, D.C. review panel says
- Republicans plan more attacks on ESG. Investors still plan to focus on climate risk
- Fiancée speaks out after ex-boyfriend shoots and kills her husband-to-be: My whole world was taken away
Recommendation
Meta releases AI model to enhance Metaverse experience
Farmworkers brace for more time in the shadows after latest effort fails in Congress
Fiancée speaks out after ex-boyfriend shoots and kills her husband-to-be: My whole world was taken away
Manhunt on for homicide suspect who escaped Pennsylvania jail
The Best Stocking Stuffers Under $25
The Shiba Inu behind the famous 'doge' meme is sick with cancer, its owner says
Kelly Clarkson Shares How Her Ego Affected Brandon Blackstock Divorce
Across America, Five Communities in Search of Environmental Justice