Current:Home > InvestPitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium -Infinite Edge Capital
Pitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium
View
Date:2025-04-15 05:25:19
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! (63)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- How sugar became sexual and 'sinful' − and why you shouldn't skip dessert
- Is Boar's Head deli meat safe to eat? What experts say amid listeria outbreak
- NFL says it's not involved in deciding when Tua Tagovailoa returns from concussion
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Contractors hired to replace Newark’s lead pipes charged with conspiracy to commit wire fraud
- LeQuint Allen scores 4 TDs as Syracuse upsets No. 23 UNLV in overtime
- Mormon church leaders encourage civility as Trump and Harris rally religious voters
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- LeQuint Allen scores 4 TDs as Syracuse upsets No. 23 UNLV in overtime
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- As affordable housing disappears, states scramble to shore up the losses
- Wayfair’s Way Day 2024 Sale Has Unbeatable Under $50 Deals & up to 80% off Decor, Bedding & More
- Eminem's Daughter Hailie Jade Shares Clever Way She Hid Her Pregnancy at Her Wedding
- Grammy nominee Teddy Swims on love, growth and embracing change
- NASCAR 2024 playoffs at Talladega: Start time, TV, live stream, lineup for YellaWood 500
- Julianne Moore confronts euthanasia in 'profound' new film 'Room Next Door'
- A week after Helene hit, thousands still without water struggle to find enough
Recommendation
Most popular books of the week: See what topped USA TODAY's bestselling books list
Eminem's Daughter Hailie Jade Shares Clever Way She Hid Her Pregnancy at Her Wedding
Wounded California officer fatally shoots man during ‘unprovoked’ knife attack
Will Lionel Messi play vs. Toronto Saturday? Here's the latest update on Inter Miami star
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
What's the 'Scariest House in America'? HGTV aims to find out
'Extremely grateful': Royals ready for Yankees, ALDS as pitching quartet makes most of chances
SEC, Big Ten lead seven Top 25 college football Week 6 games to watch