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02-08-2007, 11:52 PM | |
The Wait Is Over
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Arrowhead Naming Rights
Sorry if repost...
http://www.thekansascitychannel.com/...23/detail.html KANSAS CITY, Mo. -- KMBC has learned that the Chiefs are starting to shop around the naming rights for Arrowhead Stadium. In the new lease deal, the Chiefs and the Royals gained control over their stadium naming rights and would get to keep all funds from any sale. KMBC's Micheal Mahoney reported that the Chiefs appear to be in the initial stages of checking to see whether any company is interested in buying the naming rights. The Chiefs confirmed that they have retained a company to help them look for a potential buyer. "I would guess that both (the Chiefs and the Royals) are entertaining the possibility of naming rights," said Jim Rowland, executive director of the Jackson County Sports Authority. Mahoney reported that the name of an NFL stadium is probably worth several million dollars a year. For example, Sprint is paying $2.5 million a year for the new downtown arena for 25 years, and the arena doesn't have a team yet. Rowland said the teams would take the issue of naming rights seriously. "Both teams are certainly aware of the brand identity they've developed with Arrowhead Stadium and Kaffuman stadium. And I know the Royals are certainly sensitive and protective of the Kauffman name," Rowland said. Mahoney reported that selling the naming rights is probably not the No. 1 priority for either team -- they're both preparing for the large-scale renovations voters approved last year. |
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03-25-2016, 10:02 AM | #151 |
In BB I trust
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This reminds me of an exchange between owners a number of years ago. Apparently Ralph Wilson (the now-deceased owner of the Buffalo Bills) was crying about "small market" teams and how they made less money and blah, blah, blah. Not sure what the context was.
In any event, Jerry Jones -- who I do not like for many reasons but is undeniably a very smart marketer / money maker, and who had sold the naming rights to his stadium said something like "yeah, and how is RALPH WILSON stadium doing these days?" And he was right. You can do what you want, but if you're going to cry poor while naming the stadium AFTER YOURSELF, it's pretty tough to argue you're maximizing the revenues you can make. I hate alot of things about the NFL and its owners, but this isn't one of them. It's a no-brainer.
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03-25-2016, 10:06 AM | #152 |
The Insider
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That's just ****ing stupid. Besides its in the Chiefs lease with the county to have naming rights to the stadium.
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03-25-2016, 11:15 AM | #153 |
Banned
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I don't want it to happen but if the money was going in my pocket bet your ass I would do it
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03-31-2016, 07:07 PM | #154 |
(Sir/Yes Sir/Aye Aye Sir)
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03-31-2016, 07:14 PM | #155 |
NFL's #1 Ermines Fan
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VARSITY
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In Denver, every company that buys the stadium naming rights goes bankrupt within three years. Does that happen in other cities, too? I'm wondering if it could be a good way to predict stock prices so I can sell short.
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04-01-2016, 02:33 AM | #156 |
Sprinkle in some Mahomes
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Burning Aids Tree @ Arrowhead stadium
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04-01-2016, 06:21 AM | #157 |
Resident Glue Sniffer
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Lorazepam Field at Arrowhead.
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04-01-2016, 07:08 AM | #158 |
Rockin' yer FACE OFF!
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Gates BBQ Field @ Arrowhead
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