Current:Home > MyPitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium -Wealth Evolution Experts
Pitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium
View
Date:2025-04-18 19:27:04
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! (98844)
Related
- Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
- Judge clears way for demolition of Texas church where 26 people were killed in 2017 shooting
- Mass dolphin stranding off Cape Cod officially named the largest in U.S. history
- Schools receive third — and potentially final — round of federal funding for homeless students
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Second day of jury deliberations to start in Sen. Bob Menendez’s bribery trial
- Get 60% Off SKIMS, 50% Off Old Navy, 50% Off Le Creuset, 25% Off Disney, 75% off Gap & More Deals
- Taylor Swift jokes she may have broken the acoustic set piano after an onstage malfunction in Milan
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- As a Nevada Community Fights a Lithium Mine, a Rare Fish and Its Haven Could Be an Ace in the Hole
Ranking
- Connie Chiume, Black Panther Actress, Dead at 72: Lupita Nyong'o and More Pay Tribute
- Senior North Carolina House budget writer Saine says he’ll leave legislature next month
- 2024 Republican National Convention begins today on heels of Trump assassination attempt. Here's what to know.
- Armie Hammer Details Why He Sold Timeshares in the Cayman Islands Amid Sexual Assault Allegations
- NCAA hits former Michigan coach Jim Harbaugh with suspension, show-cause for recruiting violations
- Nursing aide turned sniper: Thomas Crooks' mysterious plot to kill Trump
- Watch live as assassination investigation unfolds after shooting at Trump rally Saturday
- NYPD recruit who died during training is honored at police academy graduation
Recommendation
Meet 11-year-old skateboarder Zheng Haohao, the youngest Olympian competing in Paris
Macy's ends talks with investment firms that bid $6.9 billion for ailing retailer
As a Nevada Community Fights a Lithium Mine, a Rare Fish and Its Haven Could Be an Ace in the Hole
Baltimore officials sue to block ‘baby bonus’ initiative that would give new parents $1,000
Meet 11-year-old skateboarder Zheng Haohao, the youngest Olympian competing in Paris
Social media influencers tell you to buy, buy, buy. Stop listening to them.
See Taylor Swift's brand-new 'Speak Now' gown revealed at Milan Eras Tour
Greg Sankey keeps door cracked to SEC expansion with future of ACC uncertain