12:34 pm September 2, 2009, by Henry Unger
First, the Gwinnett Braves struck out on selling naming rights for their new stadium.
Now, the University of West Georgia reports a similar fruitless experience as its football team inaugurates a new stadium on campus this Saturday.
The Carrollton school is playing its first-ever football game on campus with the building of University Stadium, part of a $34 million, 250-acre athletics complex. The team previously played its home games at Carrollton High School.
But the recession has contributed to a decline in the number of companies willing to pay for naming-rights deals.
West Georgia spokesman Rob Douthit said companies are facing bottom-line challenges that don’t allow them to extend their marketing efforts to areas such as athletics facilities.
“Our efforts to find a naming-rights sponsor continue, and we are hopeful that as the economy improves a corporate sponsor will emerge,” Douthit said.
On the minor-league baseball front, Gwinnett County failed to secure a deal by Monday night’s deadline that would have given it all the proceeds above the first $350,000, AJC reporter Pat Fox wrote. Terms of the contract now call for the Atlanta Braves to receive the first $350,000, the county to receive the second $350,000, and for both to split anything above that level.
That assumes a sponsor can be found in this economy.
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2 comments Add your comment
Ward
September 2nd, 2009
7:25 pm
Naming rights deals may be a financial win for the ownership, but they’re often an embarrassment to the community. I was just reading about how the Miami Dolphins sold the rights to their stadium (again) to Jimmy Buffett, who promptly rechristened the former Joe Robble Stadium, “LandShark Stadium.”
Sad. If I never read about another such deal, it’ll be too soon.
Snellvillian
September 3rd, 2009
4:18 pm
If I win the lottery, I would buy the rights to Gwinnett’s boondoggle stadium.
I would name it A-hole Field in honor of Braves management and our Board of Commissioners.
Remember, they took money from taxpayer’s “Emergency Fund” to pay for extras.