Current:Home > FinancePitbull Stadium is the new home of FIU football. The artist has bought the naming rights -SummitInvest
Pitbull Stadium is the new home of FIU football. The artist has bought the naming rights
View
Date:2025-04-21 18:58:51
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! (537)
Related
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- In the Deluged Mountains of Santa Cruz, Residents Cope With Compounding Disasters
- Clean Beauty 101: All of Your Burning Questions Answered by Experts
- U.S. cruises to 3-0 win over Vietnam in its Women's World Cup opener
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Tiffany Chen Shares How Partner Robert De Niro Supported Her Amid Bell's Palsy Diagnosis
- Environmentalists Want the FTC Green Guides to Slam the Door on the ‘Chemical’ Recycling of Plastic Waste
- Tennis Star Naomi Osaka Shares First Photo of Baby Girl Shai
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Maralee Nichols Shares Glimpse Inside Adventures With Her and Tristan Thompson's Son Theo
Ranking
- The Super Bowl could end in a 'three
- Simu Liu Reveals What Really Makes Barbie Land So Amazing
- Listening to the Endangered Sounds of the Amazon Rainforest
- Hey Now, Hilary Duff’s 2 Daughters Are All Grown Up in Sweet Twinning Photo
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Awash in Toxic Wastewater From Fracking for Natural Gas, Pennsylvania Faces a Disposal Reckoning
- Citing ‘Racial Cleansing,’ Louisiana ‘Cancer Alley’ Residents Sue Over Zoning
- Potent Greenhouse Gases and Ozone Depleting Chemicals Called CFCs Are Back on the Rise Following an International Ban, a New Study Finds
Recommendation
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
Stop Buying Expensive Button Downs, I Have This $24 Shirt in 4 Colors and It Has 3,400+ 5-Star Reviews
How Auditing Giant KPMG Became a Global Sustainability Leader While Serving Companies Accused of Forest Destruction
Increasingly Large and Intense Wildfires Hinder Western Forests’ Ability to Regenerate
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
A New Report Is Out on Hurricane Ian’s Destructive Path. The Numbers Are Horrific
Scientists Examine Dangerous Global Warming ‘Accelerators’
John Akomfrah’s ‘Purple’ Is Climate Change Art That Asks Audiences to Feel