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The local of Miami is once more putting down for FIU this time around.
Photo by Alex Slitz/Getty Images
Mr. 305 has done it once.
For the next five decades, Pitbull, a recording artist, has purchased the labeling right to FIU’s football stadium in Miami. The 20, 000-seat house of the Bengals will now be known as Pitbull Stadium.
The Miami native, whose real name is Armando Christian Pérez, will pay the school$ 1.2 million per year, totaling$ 6 million at the end of the deal. He also has the opportunity to extend the agreement by five more times.
” Renaming the stadium is n’t just about a name change”, Pitbull said in the school’s news release. ” It’s about inspiring the area, creating prospects and showing the world that with perseverance and a clear vision, everything is possible. We’re making record along, and we’re just getting started. When you can survive it, why do you wish?
Pitbull may make an music for the institution, post on social media 12 times a year, and look at one athletics funding event each year as part of the calling rights agreement, as first reported by ESPN. In return, the singer will get to use the facility 10 times a month throughout the length of the bargain, and his whiskey business, Voli 305 Vodka, will be the preferred manufacturer for the stadium. For all of his home activities, he will also have two restricted suites.
This is n’t Pitbull’s first foray into the world of school sports this year. He performed for the University of Texas as part of the SEC’s$ 2.3 million on-campus event. Pitbull and another actor were paid$ 610, 000 in skill costs.
Pitbull also owns Trackhouse Racing, an auto racing team that includes Ross Chastain and Daniel Suarez in the NASCAR Cup Series as well as a fresh MotoGP staff.
According to Sportico’s university athletic collection, FIU spent$ 45.3 million on sport in governmental time 2023, making it the 78th largest people athletic department in the FBS and the 26th largest in the Group of Five. The Panthers generated simply$ 13.1 million in revenue.
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