Current:Home > MarketsPitbull Stadium is the new home of FIU football. The artist has bought the naming rights -Elevate Money Guide
Pitbull Stadium is the new home of FIU football. The artist has bought the naming rights
View
Date:2025-04-16 17:58:04
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! (2)
Related
- Questlove charts 50 years of SNL musical hits (and misses)
- AP Decision Notes: What to expect in Michigan’s state primaries
- Jobs report: Unemployment rise may mean recession, rule says, but likely not this time
- Tiffany Haddish Shares the NSFW Side Hustle She Used to Have Involving Halle Berry and Dirty Panties
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Simone Biles' stunning Olympics gymnastics routines can be hard to watch. Here's why.
- 2024 Olympics: Why Simone Biles Was Stressing While Competing Against Brazilian Gymnast Rebeca Andrade
- AP Decision Notes: What to expect in Washington state’s primaries
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- ‘Taking it off the speculative market’: These nonprofits help tenants afford to stay put
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- D23 Ultimate Disney Fan Event Unveils Star Wars, Marvel & More Collections: An Exclusive First Look
- Two women drowned while floating on a South Dakota lake as a storm blew in
- Track and field Olympics schedule: Every athletics event at Paris Olympics and when it is
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Election 2024 Latest: Harris raised $310M in July, new poll finds few Americans trust Secret Service
- When does the Pumpkin Spice Latte return to Starbucks? Here's what we know.
- BMX racer Kye White leaves on stretcher after Olympic crash
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
Cardi B asks court to award her primary custody of her children with Offset, divorce records show
All-Star Freddie Freeman leaves Dodgers to be with ailing son
Attorneys for man charged with killing Georgia nursing student ask judge to move trial
What to watch: O Jolie night
Police dog dies in hot car in Missouri after air conditioner malfunctioned
Katie Ledecky makes more Olympic history and has another major milestone in her sights
Oversized & Relaxed T-Shirts That Are Surprisingly Flattering, According to Reviewers