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Bet the farm on more State Farm Centers

May. 9, 2013 9:00 am
I thought there would be more of an uproar when the University of Illinois recently announced its basketball arena, Assembly Hall, will be renamed State Farm Center. But I guess people have become inured to such things.
At least the spaceship-shaped gym on the prairie does have a connection to a farm. The university's Beef Research Farm isn't far from the arena.
For 50 years, it has been Assembly Hall. But things were different a half-century ago. Naming rights for stadiums and arenas -- even those of professional franchises -- didn't exist. It was the Chicago Stadium, Candlestick Park, Tiger Stadium, Comiskey Park, etc. Even the domes were just the Astrodome, the Metrodome, the Superdome.
This isn't some sappy, sad dirge. Almost everything has a price now. It has reached the colleges. State Farm Center? Really? Shrug.
Besides, it's not as if the Big Ten has been immune to this. The league already had ...
Value City Arena at Ohio State.
TCF Bank Stadium at Minnesota.
The new arena that Nebraska will open next season is called Pinnacle Bank Arena.
TCF Bank's naming rights are $35 million for 25 years. The Value City deal with Ohio State was for $12.5 million. Pinnacle Bank Arena is owned by the city of Lincoln.
State Farm is paying Illinois $60 million over 30 years.
My question is when this happens with a football stadium or basketball arena at Iowa or Iowa State? If someone makes an offer that can't be refused ...
Here are some other college sports facilities that sold naming rights:
Texas Tech: Jones AT&T Stadium, United Spirit Arena
Maryland: Chevy Chase Bank Field at Byrd Stadium, Comcast Center
Colorado: Coors Event Center
Central Florida: Bright House Networks Stadium
Fresno State: Save Mart Center
Louisville: Papa John's Cardinal Stadium
Cincinnati: Fifth Third Arena
Xavier: Cintas Center
North Texas: Apogee Stadium
Washington: Alaska Airlines Arena at Hec Edmundson Pavilion
Miami: BankUnited Center
Akron: InfoCision Stadium
Arkansas State: Liberty Bank Stadium
Boise State: Taco Bell Arena
Arizona State: Wells Fargo Arena
Taco Bell Arena in Boise