Current:Home > NewsPitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium -Blueprint Money Mastery
Pitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium
View
Date:2025-04-14 06:57:25
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! (765)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- When fire threatened a California university, the school says it knew what to do
- Donald Trump is returning to the world stage. So is his trolling
- Fatal Hougang stabbing: Victim was mum of 3, moved to Singapore to provide for family
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- OCBC chief Helen Wong joins Ho Ching, Jenny Lee on Forbes' 100 most powerful women list
- Snoop Dogg Details "Kyrptonite" Bond With Daughter Cori Following Her Stroke at 24
- As a Major California Oil Producer Eyes Carbon Storage, Thousands of Idle Wells Await Cleanup
- Travis Hunter, the 2
- 'We are all angry': Syrian doctor describes bodies from prisons showing torture
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Woman fired from Little India massage parlour arrested for smashing store's glass door
- Austin Tice's parents reveal how the family coped for the last 12 years
- Military service academies see drop in reported sexual assaults after alarming surge
- North Carolina justices rule for restaurants in COVID
- KISS OF LIFE reflects on sold
- Fortnite OG is back. Here's what to know about the mode's release, maps and game pass.
- New York Climate Activists Urge Gov. Hochul to Sign ‘Superfund’ Bill
Recommendation
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
Arctic Tundra Shifts to Source of Climate Pollution, According to New Report Card
A Malibu wildfire prompts evacuation orders and warnings for 20,000, including Dick Van Dyke, Cher
Rebecca Minkoff says Danny Masterson was 'incredibly supportive to me' at start of career
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Making a $1B investment in the US? Trump pledges expedited permits — but there are hurdles
Michael Cole, 'The Mod Squad' and 'General Hospital' actor, dies at 84
A Malibu wildfire prompts evacuation orders and warnings for 20,000, including Dick Van Dyke, Cher