Current:Home > InvestPitbull Stadium is the new home of FIU football. The artist has bought the naming rights -NextWave Wealth Hub
Pitbull Stadium is the new home of FIU football. The artist has bought the naming rights
View
Date:2025-04-25 00:24:46
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! (42442)
Related
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Activists sue Harvard over legacy admissions after affirmative action ruling
- Shooting leaves 3 dead, 6 wounded at July Fourth celebration in Shreveport, Louisiana
- Fearing for Its Future, a Big Utility Pushes ‘Renewable Gas,’ Urges Cities to Reject Electrification
- A South Texas lawmaker’s 15
- As Nations Gather for Biden’s Virtual Climate Summit, Ambitious Pledges That Still Fall Short of Paris Goal
- Elliot Page Recalls Having Sex With Juno Co-Star Olivia Thirlby “All the Time”
- Video shows people running during Baltimore mass shooting that left 2 dead and 28 wounded
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Man fishing with his son drowns after rescuing 2 other children swimming at Pennsylvania state park
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Ariana Madix Reveals Where She Stands on Marriage After Tom Sandoval Affair
- 1.5 Degrees Warming and the Search for Climate Justice for the Poor
- A Warming Planet Makes Northeastern Forests More Susceptible to Western-Style Wildfires
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- These On-Sale Amazon Shorts Have 12,000+ 5-Star Ratings— & Reviewers Say They're So Comfortable
- Proposed rule on PFAS forever chemicals could cost companies $1 billion, but health experts say it still falls short
- 100% Renewable Energy: Cleveland Sets a Big Goal as It Sheds Its Fossil Fuel Past
Recommendation
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
3 dead, 8 wounded in shooting in Fort Worth, Texas parking lot
How Trump’s New Trade Deal Could Prolong His Pollution Legacy
Roller coaster riders stuck upside down for hours at Wisconsin festival
Grammy nominee Teddy Swims on love, growth and embracing change
Would Kendra Wilkinson Ever Get Back Together With Ex Hank Baskett? She Says...
What's closed and what's open on the Fourth of July?
Selma Blair, Sarah Michelle Gellar and More React to Shannen Doherty's Cancer Update