Popps
03-09-2006, 11:22 AM
A buddy of mine has been insisting that all sports franchises will eventually be corporate owned, operated, named. (The Fed Ex Broncos, the Fuji Dolphins, etc.) He doesn't mean the stadiums, he means the actual team names will eventually not even include the city. Given, this particular friend is a little prone to conspiracy theories, etc. I used to think he was nuts on this one... but as time goes on, I'm starting to wonder. This conversation comes up around here from time to time. It's only a soccer team... it can't get any farther than that, right?
http://sports.yahoo.com/mls/news?slug=redbullmetrostars&prov=st&type=lgns
Red Bull buys MetroStars, renames team
March 9, 2006
NEW YORK (Ticker) - The MetroStars never reached the championship game in their first 10 Major League Soccer seasons. Now their history is but a memory.
Energy-drink manufacturer Red Bull Company Limited purchased the MetroStars on Thursday from the Anschutz Entertainment Group and renamed the team "Red Bull New York," effective immediately.
In addition, Red Bull agreed to partner with AEG on the construction of the team's soccer-specific stadium in Harrison, New Jersey.
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As part of the agreement, approved by the MLS Board of Governors on Thursday morning, Red Bull purchased naming rights to the new stadium. Red Bull will own half of the new stadium, with AEG responsible for constructing, managing and booking.
Financial terms were not disclosed, but the Daily News on Tuesday said the deal could reach at least $50 million.
"The addition of Red Bull into our group of owners is a landmark moment for Major League Soccer and for all Tri-State area soccer fans," MLS commissioner Don Garber said. "Red Bull founder Dietrich Mateschitz brings international credibility and proven, innovative marketing expertise to Major League Soccer."
The company also owns an Austrian club, Red Bull Salzburg, which it has transformed into one of the leading teams in the country's first division.
http://sports.yahoo.com/mls/news?slug=redbullmetrostars&prov=st&type=lgns
Red Bull buys MetroStars, renames team
March 9, 2006
NEW YORK (Ticker) - The MetroStars never reached the championship game in their first 10 Major League Soccer seasons. Now their history is but a memory.
Energy-drink manufacturer Red Bull Company Limited purchased the MetroStars on Thursday from the Anschutz Entertainment Group and renamed the team "Red Bull New York," effective immediately.
In addition, Red Bull agreed to partner with AEG on the construction of the team's soccer-specific stadium in Harrison, New Jersey.
ADVERTISEMENT
As part of the agreement, approved by the MLS Board of Governors on Thursday morning, Red Bull purchased naming rights to the new stadium. Red Bull will own half of the new stadium, with AEG responsible for constructing, managing and booking.
Financial terms were not disclosed, but the Daily News on Tuesday said the deal could reach at least $50 million.
"The addition of Red Bull into our group of owners is a landmark moment for Major League Soccer and for all Tri-State area soccer fans," MLS commissioner Don Garber said. "Red Bull founder Dietrich Mateschitz brings international credibility and proven, innovative marketing expertise to Major League Soccer."
The company also owns an Austrian club, Red Bull Salzburg, which it has transformed into one of the leading teams in the country's first division.
