This High-Sticking Brought to you by Pampers
- Share via
How does this sound? The Sears Statue of Liberty. The AT&T; Lincoln Memorial. The Goldman Sachs Grand Canyon. Jarring?
Perhaps you can sense the public reaction in 1973 when the Buffalo Bills became one of the first sports franchises to sell a corporation the right to name a sports venue. For $1.5 million over 25 years, Rich Products Corp. gave us Rich Stadium.
It hardly started a trend. By 1988 just two other sports sites had corporate monikers and, mercifully, the one in Los Angeles at least sounded like more than the clunky welding of two dissonant purposes: It became the Great Western Forum (for $17.8 million over 15 years).
Then came the 1990s. From airlines to brewers, auto makers to banks, more than 50 companies have paid some $2 billion for naming rights. At the time of the 1997 Staples Center deal, the $116 million over 20 years for naming rights dwarfed all previous arrangements, including a reported $19.5 million over 13 years by Arrowhead Mountain Spring Water for the Pond of Anaheim and $50 million over 20 years by Edison International for Anaheim Stadium. One deal has since surpassed the Staples Center’s: American Airlines will pay $195 million over 30 years in Dallas to have its name attached to what will be the new home of the Dallas Mavericks and Stars.
More to Read
Go beyond the scoreboard
Get the latest on L.A.'s teams in the daily Sports Report newsletter.
You may occasionally receive promotional content from the Los Angeles Times.