2min chapter

The Economics of Everyday Things cover image

Stadium Names, from The Indicator

The Economics of Everyday Things

CHAPTER

The Rise of Celebrity Naming Rights in Sports Facilities

This chapter explores the strategic shift in sports facilities at FIU toward leasing naming rights to high-profile individuals, notably a musician's six million dollar deal for the football stadium. The discussion highlights the motivations for choosing celebrity sponsors over traditional corporations, focusing on the potential benefits in excitement and publicity.

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