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FAU stadium gets 2 mil per year for naming rights


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GEO is a multinational company with 75k employees (edit:  just checked and they are basically the latest incarnation of a division of Wackenhut), CEO is an FAU grad and the naming rights are probably classified as a gift rather than marketing.  I thought if anything valuable was to be taken from this it would be an example of generating athletics revenues from wealthy alumni/corporate interests.  Obviously the prison tie-in is ripe for criticism but money is money.  A few years back they sold the naming rights for the college of business (in effect) to a guy and then this happened, so its not without pitfalls:

 

http://www.life-exchange.com/news/articles/Insurance_magnate_Barry_Kaye_unable_fulfill_16_million_pledge_FAU_/

 

Link to Cerabino story:

 

http://www.palmbeachpost.com/news/news/local/cerabino-fau-not-being-held-prisoner-to-new-stadiu/nWTqX/

 

 

This thing got ugly quickly

 

http://www.huffingtonpost.com/jesse-lava/geo-group-edit-wikipedia-page_b_2729057.html?utm_source=Alert-blogger&utm_medium=email&utm_campaign=Email%2BNotifications

Edited by inTransit
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Didn't we almost have naming rights for the Dome a good while ago but something went awry .... ? 

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I think Wackenhut is a much better name than GEO.  Think of the stadium nicknames, The WackyHut, The Hut, Whacked...the possibilities are endless.

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