Current:Home > reviewsPitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium -FinanceCore
Pitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium
View
Date:2025-04-16 16:02:56
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! (5742)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- California becomes the first state to adopt emission rules for trains
- BuzzFeed shutters its newsroom as the company undergoes layoffs
- Roy Wood Jr. wants laughs from White House Correspondents' speech — and reparations
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- The U.S. economy is losing steam. Bank woes and other hurdles are to blame.
- A group of state AGs calls for a national recall of high-theft Hyundai, Kia vehicles
- EPA Opens Civil Rights Investigation Into Louisiana’s ‘Cancer Alley’
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Olivia Rodrigo Makes a Bloody Good Return to Music With New Song Vampire
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Can forcing people to save cool inflation?
- Supreme Court looks at whether Medicare and Medicaid were overbilled under fraud law
- Senate Votes to Ratify the Kigali Amendment, Joining 137 Nations in an Effort to Curb Global Warming
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Netflix’s Seven Husbands of Evelyn Hugo Movie Reveals Fiery New Details
- Love Island’s Ekin-Su Cülcüloğlu and Davide Sanclimenti Break Up
- Ted Lasso’s Brendan Hunt Is Engaged to Shannon Nelson
Recommendation
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Why it's so hard to mass produce houses in factories
Pete Davidson’s New Purchase Proves He’s Already Thinking About Future Kids
Disney sues Florida Gov. Ron DeSantis, claiming 'government retaliation'
Tom Holland's New Venture Revealed
Warming Trends: Weather Guarantees for Your Vacation, Plus the Benefits of Microbial Proteins and an Urban Bias Against the Environment
Fired Tucker Carlson producer: Misogyny and bullying 'trickles down from the top'
A ‘Living Shoreline’ Takes Root in New York’s Jamaica Bay