Current:Home > ContactPitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium -Global Capital Summit
Pitbull Stadium: 'Mr. Worldwide' buys naming rights for FIU football stadium
View
Date:2025-04-17 19:09:17
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! (6)
Related
- Average rate on 30
- These evangelicals are voting their values — by backing Kamala Harris
- Kansas cult leaders forced children to work 16 hours a day: 'Heinous atrocities'
- California’s cap on health care costs is the nation’s strongest. But will patients notice?
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Travis Kelce’s Jaw-Droppingly Luxe Birthday Gift to Patrick Mahomes Revealed
- Ranking NFL's nine 2-0 teams by legitimacy: Who's actually a contender?
- WNBA MVP odds: Favorites to win 2024 Most Valuable Player award
- The Grammy nominee you need to hear: Esperanza Spalding
- 80-year-old man found dead after driving around roadblock into high water
Ranking
- In ‘Nickel Boys,’ striving for a new way to see
- Refugees in New Hampshire turn to farming for an income and a taste of home
- What are the signs you need hormone replacement therapy? And why it may matter for longevity.
- Martha Stewart Claims Ina Garten Was Unfriendly Amid Prison Sentence
- 'We're reborn!' Gazans express joy at returning home to north
- A former officer texted a photo of the bloodied Tyre Nichols to his ex-girlfriend
- California’s cap on health care costs is the nation’s strongest. But will patients notice?
- Video shows geologists collecting lava samples during Hawaii's Kilauea volcano eruption
Recommendation
Former Danish minister for Greenland discusses Trump's push to acquire island
Brittany Cartwright Admits She Got This Cosmetic Procedure Before Divorcing Jax Taylor
Endangered sea corals moved from South Florida to the Texas Gulf Coast for research and restoration
Jordan Love injury update: Is Packers QB playing Week 3 vs. Titans?
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Connecticut landscaper dies after tree tumbled in an 'unintended direction' on top of him
A body is found near the site of the deadly interstate shooting in Kentucky
Found: The Best Free People Deals Under $50, Featuring Savings Up to 92% Off & Styles Starting at Just $6