The official announcement isn’t set to come until tomorrow, but it looks as though Rutgers will hand over the naming rights of their stadium to HighPoint Solutions — a “premier provider of specialized IT services dedicated to Life Sciences and Health Care Industries.”
So, yeah. There it is.
Anyway, the New Jersey Press Media is reporting that HighPoint will take the naming rights for10 years and $6.5 million. Rutgers expanded their stadium to 52,454 during 2008-09 at a cost of just over $100 million. The university hired Brooklyn Sports & Entertainment and IMG College as co-sales agents for the naming rights to Rutgers Stadium last June.
“It’s really exciting,” Rutgers AD Tim Pernetti said. “When we commissioned this excercise about a year ago, our goal was to not only figure out a way to drive up revenue to the athletic department but also to find a partnership that reflected some of the same values our our program at Rutgers.
“I think given the economic climate, which is challenging in everything people face nowadays, we’re thrilled to be able to get something done.”
Rutgers is also still in the process of deciding if they – like WVU — want to sell adult beverages at their newly named stadium.
(For more info on naming rights, check out our friends at businessofcollegesports.com)
Kenny Britt Field!!
Tampax Stadium — for that refreshing feeling after the game.
BTW, newly released info shows that 4 of the 6 BCS commissioners made $1 million or more last season. The other two aren’t close but give them a couple of years. Yes, that BCS sure is paying off for them so you can bet that they’ll think twice about taming that beast.
Nice to know Rutgers sold any tradition it once had. How about naming it LeGrand Filed. SOMETHING THAT MEANS SOMETHING!!!!!! money is destroying everything.
LeGrand Field Sorry. Arizona State could follow the same lead with Pat Tillman.
Kenny Britt should has a ward in a nashville jail named after him.