The Pinkberry Coliseum?
Last week, the Los Angeles Memorial Coliseum Commission announced that it would auction off the name of the Coliseum, home of the USC Trojans, to help raise money for renovations. Although selling naming rights for college football stadiums is rare, the names and logos of corporate sponsors adorn the vast majority of professional sports venues. Dodger Stadium is one of the few exceptions. But along with the millions of dollars can come name instability.
Here are some examples.
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Team:
San Francisco Giants
Previous home:
Candlestick Park
Current home:
AT&T; Park
Naming rights price:
$50 million over 24 years
Name changes:
When the team moved to the new ballpark in 2000, it was known as Pacific Bell Park. In 2004, Pacific Bell’s parent company, SBC, renamed it SBC Park. A year later, SBC merged with AT&T; and the park’s name changed again, to AT&T; Park.
Team:
Houston Astros
Previous home:
Astrodome
Current home:
Minute Maid Park
Naming rights price:
More than $170 million over 28 years.
Name changes:
When the team played its first game in the new ballpark in 1999, it was named Enron Field. But the 2001 scandal surrounding the collapse of the energy corporation forced a name change, to Astros Field, in 2002. Later that year, the name was changed to Minute Maid Park.
Team:
Boston Celtics
Previous home:
Boston Garden
Current home:
TD Banknorth Garden
Naming rights price:
More than $100 million over 20 years
Name changes:
While under construction, the sports arena was named the Shawmut Center, but when it opened in 1995, it was rechristened FleetCenter, after Shawmut Bank merged with Fleet Bank. It assumed its current name in mid-2005.
Team:
Baltimore Ravens
Previous home:
Memorial Stadium
Current home:
M&T; Bank Stadium
Naming rights price:
$75 million over 15 years
Name changes:
Originally Ravens Stadium at Camden Yards, the brand-new football stadium was renamed PSINet Stadium a year after it opened in 1998. When the dot-com bubble burst and PSINet filed for bankruptcy in 2002, it was renamed Ravens Stadium. M&T; Bank bought the naming rights in 2003.
Team:
Washington Wizards
Previous home:
Capital Centre
Current home:
Verizon Center
Naming rights price:
$44 million over 15 years
Name changes:
The new home of the NBA basketball team opened in 1997 as the MCI Center. Caught up in the WorldCom bankruptcy scandal in 2002, MCI was bought out in 2006 by Verizon Communications, and the name was changed to Verizon Center. To local sports fans, the arena is called “the Phone Booth.”
Team:
Arizona Cardinals
Previous home:
Sun Devil Stadium
Current home:
University of Phoenix Stadium
Naming rights price:
$154.5 million over 20 years
Name changes:
When the new stadium opened in August 2006, it was Cardinals Stadium, but a month later, the University of Phoenix, a for-profit university focusing on adult education, bought the naming rights.
- DAVE ZIRIN
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