Naming rights facts for kids

Naming rights is the term used when a company pays money to the owners of a stadium or other sports venue, to have that stadium named for the company. An example is the baseball park called Coors Field. This is done by a legal contract, usually for a limited number of years. "Naming rights" is also called Corporate sponsorship.

Images for kids

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  Delta Air Lines held the naming rights to the main indoor arena in Salt Lake City from 1991 to 2006.

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  The same arena was renamed EnergySolutions Arena (now Vivint Arena) in late 2006. Temporary signage covered up the previous Delta Center logo after the new naming rights sponsor was announced.

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  Citizens Bank Park baseball stadium in Philadelphia; naming rights were purchased by Citizens Financial Group in 2003 for twenty years at $95 million.

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  Allianz Arena, Munich, Germany, whose naming rights were purchased by the financial services company Allianz SE

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  Penn Medicine Station in Philadelphia, with naming rights acquired by the University of Pennsylvania Health System.

See also

In Spanish: Derechos de denominación para niños