Current:Home > StocksPitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium -Zenith Investment School
Pitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium
Fastexy View
Date:2025-04-09 10:43:21
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! (71853)
Related
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- In a Stark Letter, and In Person, Researchers Urge World Leaders at COP26 to Finally Act on Science
- This group gets left-leaning policies passed in red states. How? Ballot measures
- An Indigenous Group’s Objection to Geoengineering Spurs a Debate About Social Justice in Climate Science
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Titanic Sub Passenger, 19, Was Terrified to Go But Agreed for Father’s Day, Aunt Says
- Ohio GOP Secretary of State Frank LaRose announces 2024 Senate campaign
- Country star Jason Aldean cites dehydration and heat exhaustion after rep says heat stroke cut concert short
- Grammy nominee Teddy Swims on love, growth and embracing change
- The Voice Announces 2 New Coaches for Season 25 in Surprise Twist
Ranking
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Education was once the No. 1 major for college students. Now it's an afterthought.
- Dutch Court Gives Shell Nine Years to Cut Its Carbon Emissions by 45 Percent from 2019 Levels
- Inside Titanic Sub Tragedy Victims Shahzada and Suleman Dawood's Father-Son Bond
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Here's why Arizona says it can keep growing despite historic megadrought
- Child labor violations are on the rise as some states look to loosen their rules
- Distributor, newspapers drop 'Dilbert' comic strip after creator's racist rant
Recommendation
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
Is the Controlled Shrinking of Economies a Better Bet to Slow Climate Change Than Unproven Technologies?
Maluma Is Officially a Silver Fox With New Salt and Pepper Hairstyle
Hybrid cars are still incredibly popular, but are they good for the environment?
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Jennifer Lawrence Hilariously Claps Back at Liam Hemsworth Over Hunger Games Kissing Critique
Nissan recalls over 800K SUVs because a key defect can cut off the engine
Transcript: Kara Swisher, Pivot co-host, on Face the Nation, July 16, 2023