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Busch Name
Remains on New Cardinals Stadium
By Bill Miller
Major
League Baseball's St. Louis Cardinals inked a 20-year naming rights agreement with
Anheuser-Busch which ensures that the St. Louis-based
brewer's name will continue to remain on the home of the
Cardinals once the team moves to a new stadium in 2006.
Financial terms for the deal were undisclosed. According
to a press release from the parties, Anheuser-Busch will
also have exclusive alcohol beverage sponsorship on all
Cardinals radio and television broadcasts. Extensive
signage opportunities were also announced as part of the
agreement.
The deal makes the Cardinals the 17th team in
Major League Baseball to play
at a named facility. Or, potentially the 18th, if one
counts the Florida Marlins playing at Pro Player Stadium
under a now-defunct arrangement.
The deal was the
16th completed for a
professional sports facility in the United States or
Canada already in 2004.
Posted 10/05/2004
Bill Miller is Executive Vice President at The Leib Group, LLC in Mequon, Wisconsin. He is a regular
contributor to Naming Rights Online and can be reached
at
bmiller@namingrightsonline.com |