Huntington Bank Field

[CWCWCW]

I didn't know the Browns are getting a new stadium called Huntington Bank Field.
Any chance this will affect the naming rights for our Huntington Bank Stadium?
For me, the name has never fit since TCF was no longer used. Even their green colors do not fit.
I think there is still over 10 years on the contract. Would they be willing to sell the rights to a local presence? Is that allowable?
My perfect scenario would be for Dairy Queen to step up. Dilly Bar Dan could christen the stadium.

 

[Breakin' The Plane]

They own the rights until 2030, with an option to extend to 2040. I doubt they care that they aren't local.

 

[PMWinSTP]

Start working on General Mills or Cargill right now.

 

[gophmeister]

Would US Bank be interested in naming rights?

 

[A_Slab_of_Bacon]

Dairy Queen needs to step up and create the Blizzard Bowl!

 

[Great Plains Gopher]

I didn't know the Browns are getting a new stadium called Huntington Bank Field.
Any chance this will affect the naming rights for our Huntington Bank Stadium?
For me, the name has never fit since TCF was no longer used. Even their green colors do not fit.
I think there is still over 10 years on the contract. Would they be willing to sell the rights to a local presence? Is that allowable?
My perfect scenario would be for Dairy Queen to step up. Dilly Bar Dan could christen the stadium.

It's a shame we couldn't have called our new stadium Bierman Memorial Stadium from the beginning.

 

[GopherGrit]

Huntington is headquartered in Columbus. Makes perfect sense they'd be the lead sponsor on the new Browns stadium.

They purchased TCF, which was obviously based here, and that's why they even have the rights in the first place, as well as why you now see Huntington bank branches around the Cities when they were never here before.


Similarly to why Wells Fargo has such a big presence in the TC, even though it is based in San Francisco. They purchased Norwest which was TC.

Used to be some big banking based in the Cities. Still have Thrivent

 

[WindyCityGopher]

I didn't know the Browns are getting a new stadium called Huntington Bank Field.
Any chance this will affect the naming rights for our Huntington Bank Stadium?
For me, the name has never fit since TCF was no longer used. Even their green colors do not fit.
I think there is still over 10 years on the contract. Would they be willing to sell the rights to a local presence? Is that allowable?
My perfect scenario would be for Dairy Queen to step up. Dilly Bar Dan could christen the stadium.

The Browns’ CURRENT stadium was named Huntington Bank Field last year, so that clearly hasn’t impacted our stadium’s name.

 

[MNVCGUY]

The Browns’ CURRENT stadium was named Huntington Bank Field last year, so that clearly hasn’t impacted our stadium’s name.

Yeah....The companies buy the naming rights for advertising....they want multiple stadiums out there with their name on it.

 

[UpAndUnder43]

I feel like a lot of companies are sitting out the stadium naming rights game right now.

Grand Casino Arena would be an example of major companies not wanting to pay the cash for it.

 

[Ewert86PC]

Yeah....The companies buy the naming rights for advertising....they want multiple stadiums out there with their name on it.

IIRC there are four or five Allianz Fields worldwide.

 

[Ski-U-Ham]

The Browns’ CURRENT stadium was named Huntington Bank Field last year, so that clearly hasn’t impacted our stadium’s name.

Yeah....The companies buy the naming rights for advertising....they want multiple stadiums out there with their name on it.

IIRC there are four or five Allianz Fields worldwide.

Mercedes Benz had the Superdome and the Georgia dome recently. I think the Superdome is now sponsored by Caesars.

 

[swede2]

Huntington is headquartered in Columbus. Makes perfect sense they'd be the lead sponsor on the new Browns stadium.

They purchased TCF, which was obviously based here, and that's why they even have the rights in the first place, as well as why you now see Huntington bank branches around the Cities when they were never here before.


Similarly to why Wells Fargo has such a big presence in the TC, even though it is based in San Francisco. They purchased Norwest which was TC.

Used to be some big banking based in the Cities. Still have Thrivent

Not to nitpick but NW and WF was a merger "of equals" with NW leadership surviving hut like nearly all such transactions involving MN based organizations, the HQ moved out of state.

 

[swede2]

I didn't know the Browns are getting a new stadium called Huntington Bank Field.
Any chance this will affect the naming rights for our Huntington Bank Stadium?
For me, the name has never fit since TCF was no longer used. Even their green colors do not fit.
I think there is still over 10 years on the contract. Would they be willing to sell the rights to a local presence? Is that allowable?
My perfect scenario would be for Dairy Queen to step up. Dilly Bar Dan could christen the stadium.

On one hand, the stadium naming rights were given away for a song. On the other, the market for naming rights seems to have dried up some.

 

[GopherGrit]

Not to nitpick but NW and WF was a merger "of equals" with NW leadership surviving hut like nearly all such transactions involving MN based organizations, the HQ moved out of state.

I'm not sure but I think Honeywell was like this too? They even kept the Honeywell name. But of course, moved out

 

[2nd Degree Gopher]

I didn't know the Browns are getting a new stadium called Huntington Bank Field.
Any chance this will affect the naming rights for our Huntington Bank Stadium?
For me, the name has never fit since TCF was no longer used. Even their green colors do not fit.
I think there is still over 10 years on the contract. Would they be willing to sell the rights to a local presence? Is that allowable?
My perfect scenario would be for Dairy Queen to step up. Dilly Bar Dan could christen the stadium.

They own the rights until 2030, with an option to extend to 2040. I doubt they care that they aren't local.

In 2021, Huntington Bank declined the option to continue the naming rights agreement through 2040. The current agreement expires in 2031. I haven't seen the agreement, so I don't know what specifically it provides, but presumably any assignment of the rights under the contract requires both sides to approve. (For example, the contract surely prevents Huntington from merging with "The Ohio State Bank" and unilaterally changing the name to "The Ohio State Bank Stadium.")

That said, it would appear that Huntington might be happy to get out of the deal and the U might be able to find a better long-term partner, so something could probably be worked out if a new naming partner could be identified.

 

[tjgopher]

I didn't know the Browns are getting a new stadium called Huntington Bank Field.

This is the Browns' CURRENT stadium name.

My perfect scenario would be for Dairy Queen to step up. Dilly Bar Dan could christen the stadium.

Dairy Queen bailed on the Gophers years ago when they let the DQ Club name go to Cambria. If they didn't want to pay a little bit of money for the Club Room, doubtful they would want to pay a big bit of money for the stadium name.

 

[tjgopher]

I feel like a lot of companies are sitting out the stadium naming rights game right now.

Grand Casino Arena would be an example of major companies not wanting to pay the cash for it.

Indiana just got $50 million for naming its football stadium after a bank. It covers 20 years, so not a great deal for the school it seems.

Some pro sports teams are still signing some pretty big deals.

Any word on what Grand Casino paid the Wild?

 

[A_Slab_of_Bacon]

In 2021, Huntington Bank declined the option to continue the naming rights agreement through 2040. The current agreement expires in 2031. I haven't seen the agreement, so I don't know what specifically it provides, but presumably any assignment of the rights under the contract requires both sides to approve. (For example, the contract surely prevents Huntington from merging with "The Ohio State Bank" and unilaterally changing the name to "The Ohio State Bank Stadium.")

That said, it would appear that Huntington might be happy to get out of the deal and the U might be able to find a better long-term partner, so something could probably be worked out if a new naming partner could be identified.

Maybe.

I've seen Huntington Bank ads in relation to operating at the U lately.

I'm not sure they enthusiastically want out .... More so can just roll on as they go, maybe decide later.