Current:Home > FinancePitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium -Zenith Investment School
Pitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium
Will Sage Astor View
Date:2025-04-10 09:23:34
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! (6678)
Related
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Did a Florida man hire a look-alike to kill his wife?
- Investigators search for suspect in fatal shooting of Detroit-area officer
- Hunter Biden drops lawsuit against Fox News over explicit images featured in streaming series
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- 16 and Pregnant Star Sean Garinger's Cause of Death Revealed
- Katy Perry's 'Woman's World' isn't the feminist bop she promised. She's stuck in the past.
- Seven people wounded by gunfire during a large midnight gathering in Anderson, Indiana
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Ex-Philadelphia police officer sentenced to at least 8 years in shooting death of 12-year-old boy
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Katy Perry's 'Woman's World' isn't the feminist bop she promised. She's stuck in the past.
- Bruce Springsteen's net worth soars past $1B, Forbes reports
- 3 'missing' people found safe, were never in car when it was submerged off Texas pier, police say
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- No one hurt when CSX locomotive derails and strikes residential garage in Niagara Falls
- Eva Mendes' Ultimate Self-Care Hack May Surprise You
- Alaska police and US Coast Guard searching for missing plane with 3 people onboard
Recommendation
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Nashville-area GOP House race and Senate primaries top Tennessee’s primary ballot
Secret Service admits some security modifications for Trump were not provided ahead of assassination attempt
Truck driver charged in Ohio interstate crash that killed 3 students, 3 others
See you latte: Starbucks plans to cut 30% of its menu
Powerball winning numbers for July 20 drawing: Jackpot now worth $102 million
Powerball winning numbers for July 20 drawing: Jackpot now worth $102 million
Braves' injuries mount: Ozzie Albies breaks wrist, Max Fried on IL with forearm issue