meta_pixel
Tapesearch Logo
Log in
The Indicator from Planet Money

How Pitbull got his name on a college football stadium

The Indicator from Planet Money

NPR

Business

4.79.5K Ratings

🗓️ 5 September 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

Recently, singer/rapper/entrepreneur Pitbull agreed to pay $6 million to Florida International University for the naming rights to its football stadium ... an unusual move for both parties: a musician paying for their name on a stadium, and for a college to name their stadium after a musician.

How does this move benefit the college? How does this move benefit Mr. Worldwide?

In today's episode, what Pitbull and FIU's deal tell us about the fast-changing economics of college sports.

Related Episodes:
The monetization of college sports
The Olympian to influencer pipeline

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0

NPR. This is the indicator from Planet Money. I'm Adrian Ma.

0:14.6

And I'm Whelan Wong. If you drive by any major sports venue, professional or collegiate, in almost any city, there's a good chance you'll see the name of a bank

0:25.2

or a tech company or some other brand

0:27.4

that has paid millions of dollars

0:29.2

for the right to name that stadium or arena

0:32.0

after themselves.

0:33.0

Yeah, and some of these sponsored stadium names can be more than a little clunky.

0:39.0

For example, the Baltimore Ravens play in M&T Bank Stadium.

0:44.1

I also look at this up in Pittsburgh,

0:46.2

the Penguins play at PPG Paints Arena.

0:49.5

I mean, euh.

0:51.0

Well, in Chicago, we have guaranteed rate field that's where the white socks play that's that's bad and people in Chicago had a lot of feelings about it when it was renamed

1:01.0

I can imagine but you know in the in the normally bland corporate

1:06.3

sounding universe of venue name mashups here's a venue sponsor that stands out.

1:12.3

If you are a practitioner of the crunk or clubbing arts you might recognize

1:17.3

this song as don't stop the party from the rapper and singer Pitt Bull. Recently Pitt Bull agreed to pay $6 million to Florida International University for the

1:29.8

naming rights to its football stadium.

1:32.3

And so this weekend its football team will play the first game in the newly dubbed

1:36.8

Pit Bull Stadium, which appears to be the only one of its kind in America named after a musician.

1:44.0

Today on the show, why FIU struck this unusual name deal

1:48.0

and what it tells us about the fast-changing economics of college sports.

2:00.4

If you're hearing this, that means you haven't gone sponsor free with NPR Plus. Join us on the Plus side.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from NPR, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of NPR and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.