February 28, 2006
Welcome to the... Big Oil?
The new $687 million Indianapolis Colts stadium will reportedly be called Lucas Oil Stadium, after the race-car-lubricant company bought naming rights to the building, which is scheduled to open in 2008. Though the stadium is being built by and almost entirely paid for by the public, the naming-rights fee - estimated at between $100 and $120 million over 20 years - will go entirely to the Colts.
Posted by Neil deMause
COMMENTS
That deal seems fair. Hopefully the educational system in Indy will collapse and the Colts will reap the profits.
Posted by Bertell Ollman on February 28, 2006 12:42 PM
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