Can Your Property Have Value Without A Television Rights Deal?
- Brian Siatkowski
- Jul 10, 2024
- 1 min read
High schools, community properties, and many colleges & universities don't have a television contract attached to their stadiums, gymnasiums, and theaters.
In fact, the average annual amount a high school stadium receives for stadium naming rights can vary significantly depending on several factors other than media rights valuations, including:
Location: Stadiums in larger metropolitan areas or regions with high median incomes tend to command higher prices.
Size and Facilities: Larger facilities with modern amenities and higher seating capacities often attract larger sponsorships. Facilities that are not yet built allow for customization by the sponsor to the property.
Success of Athletic Programs: Schools with successful and popular athletic programs can leverage their reputation for greater visibility and interest from sponsors.
Negotiation and Terms: The specific terms of the agreement, such as the duration of the contract and additional benefits included, can also impact the annual amount.
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