@CaptainBlinky@lemmy.myserv.one
Post #46890
2025-12-09 22:27 UTC
As far as stadiums and buildings, the owners take money from companies to name them. Lots of money. It’s called paying for naming rights, and the contracts usually have set terms, like the company has to pay X amount per year to keep the naming rights.
Replies (1)
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@Weydemeyer@lemmy.ml 2025-12-10 14:39
Worth noting that usually, the public pays for the stadium in whole or in a significant part, but the sports team owners are the ones who pocket the proceeds from the naming rights.