Galaxy Stadium: Texas Tech lands $75 million naming rights deal with AI company
Texas Tech lands $75 million naming rights deal for football stadium. The former Jones AT&T Stadium will now be names Galaxy Stadium.
Texas Tech sold their naming rights for $75 million over 15 years...
- Thread starter dawgstudent
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So what happens when these companies cease to exist in their current form? Is the money paid up front and the school gets to sell the rights again? 15 years is a long time in the corporate world.
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Doesn't seem like that much over 15 years, but TT is running circles around everyone in NIL advancement.
Country Pleasin Davis Wade Stadium at Scott Field
But before you enter Country Pleasin Davis Wade Stadium at Scott Field be sure to tailgate in the Pearl River Resort Junction where the Mossy Oak Famous Maroon Band and Cal-Maine Foods MSU dance team will be on hand to entertain fans.
I'm okay with this if this means getting better players and start winning more games.
I'd settle for getting the old Bryan Hump Dogs back...Galaxy Stadium: Texas Tech lands $75 million naming rights deal with AI company
Texas Tech lands $75 million naming rights deal for football stadium. The former Jones AT&T Stadium will now be names Galaxy Stadium.www.on3.com
Should sell the naming rights to the streets around the athletic facilities while we’re at it as well as the buildings around the facilities and tailgate areas. Keep the traditional building names but put up some sort of tastefully done sponsorship signage. We either have to go all in or get out at this point.
I think we should be more hip and forward thinking..... Buc-ee's Beaver Stadium at Davis-Wade field of Nuggets ***
I joked years ago that Jack Cristil would soon be announcing something like "he's at the Shell 50...crosses the Golden Flake 30...and into the C Spire Redzone for a Coca Cola First Down!!!"
The College Sports Commission intends to start cracking down on these NIL deals a little. I dont know who owns Galaxy, but the company will now be considered "associated with the University" making any NIL deals subject to the stricter scrutiny....if that means much.
The College Sports Commission intends to start cracking down on these NIL deals a little. I dont know who owns Galaxy, but the company will now be considered "associated with the University" making any NIL deals subject to the stricter scrutiny....if that means much.
Serious quesion, can we even do this? I assume there was something signed with Davis Wade about the naming rights. Does it last forever? If Dr. Pepper (just an example) said here's $50 million to name it we just have to say no? Or it would literally be Dr. Pepper, David Wade Stadium?
The naming rights contracts I have seen, which admittedly can be counted on one hand, all have language which addresses this. The new name must be mutually approved by both parties and if it isnt, the contract is terminated early and compensation for remaining years is accounted for.
Relatedly, the contracts also had an out to allow a name change if the name was no longer in good standing(so if the named company is found to knowingly support terrorist and trafficking activity, then the contract could end early so the arena name could change.)
As for if a company is bought out/merged, a new name may not be mutually approved in instances like if Pornhub buys Wells Fargo, or something like that.
There is no problem. $75 million just sounds like a lot of money. If it is being paid out at $5 MM per year, its a little less impressive.
The Mississippi State Bulldogs O-Line, brought to you by Flex-Screen: the world's first and only flexible window screen
The Baptist Hospital Heart Health Fan Zone that encompasses the entire seating area in the stadium seems most appropriate.
I would have zero problem with this. Also maybe, "today's broadcast brought to you by Flock Cameras."
The new band uniforms, at least for the warm early season games. Let the bit-chin begin!
Wonder if they make it in tuba player sizes?
Isn't Davis Wade basically the same thing? It's the dude that gave money to have his name on the building. So why would corporate sponsorship be any different? Maybe stay away from Dude Wipes. Of course that is a natural fit for the Baseball Stadium for us.
Roto-rooter field at Dude Wipe Stadium has a certain flow to it…I like it.
We don't have anyone giving us 5 mil for 15 years. I'd take it.
5M > 1M. A lot more. Not sure what your point is.
Not to mention this is 5M yearly for a long time, not a one-time gift.
One family gave that. I'm sure a business could do way better than 1 million annually especially when it comes to having your name on the stadium/ field.
I think Waste Management at Davis Wade, home of the flaming Dumpsters sounds appropriate. Negotiate $1000 for 10 years. We pay $1M if WM backs out. That's great management there.
