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Delta Air Lines held the naming rights to the main indoor arena in Salt Lake City from 1991 to 2006.
Delta Air Lines held the naming rights to the main indoor arena in Salt Lake City from 1991 to 2006. Delta Air Lines Inc ( is a United States Airline based and headquartered in Atlanta, Georgia. Salt Lake City is the Capital and the most populous city of the U
The same arena was renamed EnergySolutions Arena in late 2006. Temporary signage covered up the previous Delta Center logo after the new naming rights sponsor was announced.
The same arena was renamed EnergySolutions Arena in late 2006. The EnergySolutions Arena is an indoor arena in Salt Lake City Utah, United States owned by Larry H Temporary signage covered up the previous Delta Center logo after the new naming rights sponsor was announced. A logo ( Greek el λογότυπος = el-Latn logotypos is a graphical element ( Ideogram, Symbol, Emblem, Icon, Sign)

Naming rights are the right to name a piece of property, either tangible property or an event, usually granted in exchange for financial considerations. Property is any physical or virtual entity that is owned by an individual Institutions like schools, places of worship and hospitals have a tradition of granting donors the right to name facilities in exchange for contributions. A school (from Greek σχολεῖον - scholeion) is an Institution designed to allow and encourage Students (or "pupils" A place of worship or house of worship is a building or other location where a group of people (a congregation) comes to perform acts of religious praise honour A hospital is an institution for Health care providing treatment by specialised staff and equipment and often but not always providing for Securing the naming rights for stadiums, theaters, and other public gathering places is seen by companies as a form of advertising, and naming rights deals worth millions of dollars have been consummated. Advertising is a form of Communication that typically attempts to persuade potential Customers to Purchase or to consume more of a particular Brand

Contents

History

The modern era of stadium naming rights in North America may have begun when the Anheuser-Busch company in 1953 proposed re-naming Sportsman's Park, occupied by the St. Louis Cardinals, "Budweiser Stadium". Anheuser-Busch Companies Inc ( (ˈænhаɪzər bʊʃ is the largest Brewing company in the United States with a 48 Athletics Marathon September 12 &mdash Enschede Marathon, Netherlands Men's Winner For the race track outside Chicago known as Sportsman's Park see Chicago Motor Speedway. The St Louis Cardinals (also referred to as "the Cards " or "the Redbirds " are a professional Baseball team based in St Budweiser is an American-style lager and is one of the most popular beers in the United States. When this idea was rejected by Ford Frick, the Commissioner of Baseball at that time, Anheuser-Busch then proposed the title "Busch Stadium" after one of the company's founders. Ford Christopher Frick ( December 19, 1894 – April 8, 1978) was an American Sportswriter and executive who served The Commissioner of Baseball is the chief executive of Major League Baseball. The name was readily approved and Anheuser-Busch released a product called "Busch Bavarian Beer" (now known as Busch Beer). The name would later be shifted to the Busch Memorial Stadium in 1966, shortened in the 1970s to "Busch Stadium" and remained the stadium's name until it closed in 2005. Busch Memorial Stadium, or Busch Stadium was the home of the St Artistic Gymnastics World Artistic Gymnastics Championships Men's all-around champion Mikhail Voronin, USSR Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. By that time, Major League Baseball's policy had changed, and Anheuser-Busch (who retained the naming rights after selling the team) was able to use the same name for the Cardinals' new stadium which opened in April 4, 2006. Busch Stadium (also referred to informally as " New Busch Stadium " or " Busch Stadium III " is the home of the St Events 1581 - Francis Drake completes a circumnavigation of the world and is knighted by Elizabeth I. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar.

Another early example is when the New England Patriots of the National Football League sold the rights to name the stadium that they had constructed in Foxborough, Massachusetts in 1970-1971 to the Schaefer brewery. The New England Patriots, commonly called the " Pats " by sports writers and fans are a professional American football team based in the Greater Boston The National Football League ( NFL) is the largest professional American football league. Foxboro Stadium (or Foxborough Stadium) was an outdoor sports venue located in Foxborough Massachusetts. Foxborough is a town in Norfolk County, Massachusetts, United States, approximately 22 miles (35 km southwest of Boston and 18 miles (29 km Year 1970 ( MCMLXX) was a Common year starting on Thursday (link shows full calendar of the Gregorian calendar. Year 1971 ( MCMLXXI) was a Common year starting on Friday (link will display full calendar of the 1971 Gregorian calendar. Schaefer Beer is a brand of Beer from the United States. Schaefer beer traces its beginnings back to 1842 when the F

The public reaction to this practice is mixed. Naming rights sold to new venues have largely been accepted, especially if the buyer has strong local connections to the area, such as the case of Rich Stadium in the Buffalo suburb of Orchard Park, Heinz Field in Pittsburgh, and Coors Field in Denver. Ralph Wilson Stadium is a football Stadium located in the town of Orchard Park, a suburb of Buffalo New York. Buffalo (ˈbʌfəloʊ is the second largest city in New York State. South San Jose (cropjpg||thumb|A suburban development in San Jose California. Orchard Park is a Town in Erie County, New York in the United States. Heinz Field is an American football Stadium located in Pittsburgh, Pennsylvania. Coors Field, located in Denver Colorado, is the home field of the National League 's Colorado Rockies. The City and County of Denver (pronounced /ˈdɛnvɚ/ is the Capital and the most populous city of Colorado, in the United States Selling the naming rights to an already-existing venue has been notably less successful, as in the attempt to rename Candlestick Park in San Francisco to 3Com Park. The City and County of San Francisco is the fourth most populous city The general public (and some media outlets) continued to call the facility what it had been known as for over three decades – Candlestick Park. After the agreement with 3Com expired, the rights were resold to Monster Cable, and the stadium was renamed Monster Park. Monster Cable Products Inc owns the Monster Cable brand of consumer audio and video Cable, which is primarily used to connect audio and video components Candlestick Park (also commonly referred to as Candlestick or The Stick) is an outdoor sports and entertainment stadium located in San Francisco California San Francisco voters had the final say; they passed an initiative in the November 2004 elections that stipulates that the facility's name will revert to Candlestick Park once the current naming rights contract expires in 2008. November 2004: January - February - March - April - May - June - July - August - September 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common The initiative is largely ceremonial: it would not apply to a new stadium, which the 49ers are currently planning to build.

Sports stadiums with naming rights deals are not limited to the United States. The United States of America —commonly referred to as the "Named" stadiums can be found in countries including, Australia, Japan, China, Finland, Canada, and Israel. For a topic outline on this subject see List of basic Australia topics. For a topic outline on this subject see List of basic Japan topics. China ( Wade-Giles ( Mandarin) Chung¹kuo² is a cultural region, an ancient Civilization, and depending on perspective a National Finland, officially the Republic of Finland ( is a Nordic country situated in the Fennoscandian region of northern Europe. Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page For a topic outline on this subject see List of basic Israel topics. The practice is widening in the United Kingdom, e. The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located g. the current stadium of Bolton Wanderers is the Reebok Stadium and Arsenal Football Club's new stadium for the 2006/2007 season is the Emirates Stadium, their previous ground being Arsenal Stadium. Bolton Wanderers Football Club is an English professional football club based in Horwich, in the Metropolitan Borough of Bolton, Greater The Reebok Stadium is the home Stadium of English Premier League football club Bolton Wanderers, and is located on the Middlebrook Retail Park The Emirates Stadium is a football stadium located on Ashburton Grove in Holloway, North London, and the home of Arsenal Football Club since Arsenal Stadium was a football stadium in Highbury, North London, which was the home ground of Arsenal Football Club between 6 September 1913 In cricket the most famous example is The Oval, home of Surrey County Cricket Club. The Oval PavilionJPG|250px|right|thumb|The Members Pavilion]] The Oval is an international Cricket ground in Kennington, London Surrey County Cricket Club is one of the 18 major county clubs which make up the English domestic Cricket structure representing the historic county of It has had several sponsors over the years, and is currently known as "The Brit Oval", having originally been known as the "Kennington Oval", the district of London in which it is.

The record for the highest amount paid for naming rights belongs to the future Citi Field and Barclays Center, both located in New York City. Citi Field is the new Baseball park for the New York Mets that is being built in Willets Point in the New York City borough of The Barclays Center is a proposed sports Arena to be built partly on a platform over the Metropolitan Transportation Authority -owned Atlantic Yards at The City of New York Each garnered deals of $20 million per year for at least 20 years, totaling $400 million. [1] The new, shared home of the New York Giants and New York Jets, which is currently under construction in East Rutherford, New Jersey is expected to eclipse both deals, with experts estimating it will value $25-30 million annually. The New York Giants are a professional American football team based in the New York City suburb of East Rutherford New Jersey. The New York Jets are a professional American football team based in the New York metropolitan area. East Rutherford is a borough in Bergen County, New Jersey, United States. [2]

Examples of termination

In a few cases, naming rights contracts have been terminated prematurely. Such terminations may be the result of contractual options, sponsor bankruptcy, or scandals. Some examples:

Other examples

American Airlines has purchased naming rights for two sporting venues: the AmericanAirlines Arena in Miami and the American Airlines Center in Dallas. American Airlines Inc (AA is a US -based airline and the world's Largest airline in total passenger miles transported and passenger fleet size The AmericanAirlines Arena is an Arena located in Downtown Miami, Florida along Biscayne Bay and is used for Basketball The American Airlines Center is an Arena located in the Victory Park neighborhood near downtown Dallas, Texas that is used for

While the highest prices have traditionally been paid for stadium rights, many companies and individuals have found that selling their naming rights can be an important consideration in funding their business. In the last few years many new categories have opened up, such as the selling of the rights to name a new monkey species for $650,000. The GoldenPalacecom Monkey ( Callicebus aureipalatii, "aureipalatii" meaning "of the Golden Palace" is a Titi, a kind of New

Naming rights to public transit stations have been sold in Las Vegas. Such sales have been contemplated in New York[3] and Boston, and ruled out in San Francisco. [4] A sponsorship for the MBTA's State Street station by Citizens Bank lasted from 1997 to 2000. The Massachusetts Bay Transportation Authority ( MBTA) is "a body politic and corporate and a political subdivision" of the Commonwealth of Massachusetts State (often State Street) is a subway station of the MBTA located in downtown Boston Massachusetts. Year 1997 ( MCMXCVII) was a Common year starting on Wednesday (link will display full 1997 Gregorian calendar 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar.

See also

References

  1. ^ Wolf, Barnet D. The following is a list of cultural entities with sole Naming rights: Awards Literary awards Rogers Writers' Trust Fiction Prize The following is a list of sports venues with sole Naming rights: Present naming rights Australia AAMI Stadium in Adelaide "The Name Game: Company banners flying on more college stadiums, arenas", The Columbus Dispatch, April 29, 2007. The Columbus Dispatch is a daily Newspaper, based in Columbus Ohio, that serves the central portion of the state Events 1429 - Joan of Arc arrives to relieve the Siege of Orleans. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Accessed May 20, 2007. Events 325 - The First Council of Nicaea &ndash the first Ecumenical Council of the Christian Church is held Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century.
  2. ^ Frankston Lorin, Janet. "Prices of Stadium Sponsorships Soar", February 10, 2008, Associated Press. Events 1355 - The St Scholastica's Day riot breaks out in Oxford, England, leaving 63 scholars and perhaps 30 locals dead 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common The Associated Press ( AP) is an American News agency. The AP is a Cooperative owned by its contributing Newspapers radio
  3. ^ Gothamist: A Subway Subway?
  4. ^ Subway Sponsor Plan Irks Some Bostonians

External links

ESPNcom is the official website of ESPN and a division of ESPN Inc

Dictionary

naming rights

-noun

  1. the right to name a piece of property, either tangible property or an event, usually granted in exchange for financial considerations.
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