Current:Home > MarketsPitbull Stadium is the new home of FIU football. The artist has bought the naming rights-DB Wealth Institute B2 Expert Reviews
Pitbull Stadium is the new home of FIU football. The artist has bought the naming rights
View Date:2024-12-23 16:56:28
Welcome to Pitbull Stadium, the home of your FIU Panthers.
Florida International announced what could end up as a 10-year agreement on Tuesday with international recording artist, Grammy winner and entrepreneur Armando Christian Pérez — the Miami native better known as Pitbull — to put his name on their on-campus stadium.
Pérez will pay $1.2 million annually for the next five years, the university said, for the naming rights. He will have an option in August 2029 to extend the deal for another five years and continue the rebranding.
“Yes, we’re going to create history in Pitbull Stadium,” Pérez said during a news conference in Miami. “This isn’t just an announcement. This is a movement. This is truly history in the making.”
FIU said it is the first agreement where an artist possesses the naming rights to a stadium. Pérez will also be involved with FIU’s efforts in the name, image and likeness space, athletic director Scott Carr said.
“This is a historic day for FIU athletics to uniquely partner with a world-renowned artist and amazing person who truly values relationships and his community,” Carr said. “Armando’s financial support is program-changing, but him providing a microphone to amplify FIU will be even more beneficial to growing our brand.”
As part of the deal, Pérez gets use of the stadium for 10 days each year rent-free, with some tickets to those events to be set aside for FIU students. A vodka brand he owns will be a preferred brand at the stadium going forward, he will receive use of two suites and 20 VIP parking passes for FIU football home games, and he’s being asked to create an “FIU Anthem” to be played at the school’s athletic contests.
“It’s a true blessing, a true honor,” Pérez said. “Let’s make history.”
Pitbull — who also goes by “Mr. 305,” a nod to Miami’s area code — kicked off his music career in the South Florida rap scene around 2004, eventually becoming one of the world’s most recognized artists.
“Pitbull’s career trajectory mirrors FIU’s ascent as one of the nation’s top public research universities,” FIU President Kenneth A. Jessell said. “Like FIU, he started out very 305 and became worldwide.”
Pérez has been a longtime proponent of supporting education in South Florida. FIU said he founded the first SLAM! (Sports Leadership, Arts, and Management) tuition-free public charter school in Miami in 2012.
“This is about uniting everybody,” he said. “This is about bringing everybody together. ... Hard work is what pays off. They tell me, ‘You so lucky.’ Well, the harder I work, the luckier I get.”
___
Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here.
___
AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
veryGood! (24)
Related
- Georgia House Republicans stick with leadership team for the next two years
- This Best-Selling Earbud Cleaning Pen Has 16,000+ 5-Star Amazon Reviews & It's on Sale
- All the Celebrity Godparents You Didn't Know About
- Hurricane Lee updates: No direct hit expected, but rip currents headed to East Coast
- 10 Trendy Bags To Bring to All of Your Holiday Plans
- A boat capsizing in north-central Nigeria killed at least 24 people. Dozens of others are missing
- Dutch court sentences former Pakistani cricketer to 12 years over a bounty for a far-right lawmaker
- Overdose-reversing drug administered to puppy after possible fentanyl exposure in California
- Arizona Supreme Court declines emergency request to extend ballot ‘curing’ deadline
- Joe Jonas Addresses His Crazy Week and Makes a Plea to Fans Amid Sophie Turner Divorce
Ranking
- McDonald's Version: New Bestie Bundle meals celebrate Swiftie friendship bracelets
- Operation to extract American researcher from one of the world’s deepest caves advances to 700m
- Electric cars have a road trip problem, even for the secretary of energy
- Pee-wee Herman Actor Paul Reubens' Cause of Death Revealed
- Cold case arrest: Florida man being held in decades-old Massachusetts double murder
- Protests kick off at Israeli justice minister’s home a day before major hearing on judicial overhaul
- Dolphins' Tyreek Hill after 215-yard game vs. Chargers: 'I feel like nobody can guard me'
- Islamist factions in a troubled Palestinian refugee camp in Lebanon say they will honor a cease-fire
Recommendation
-
'Wheel of Fortune' contestant makes viral mistake: 'Treat yourself a round of sausage'
-
What's going on with Cash App and Square? Payment services back up after reported outages
-
Here's how to ask for a letter of recommendation (and actually get a good one.)
-
South Korean media: North Korean train presumably carrying leader Kim Jong Un departed for Russia
-
My Chemical Romance will perform 'The Black Parade' in full during 2025 tour: See dates
-
Residents mobilize in search of dozens missing after Nigeria boat accident. Death toll rises to 28
-
Ashton Kutcher, Mila Kunis address criticism for sending character reference letters in Danny Masterson case
-
Hurricane Lee updates: No direct hit expected, but rip currents headed to East Coast