Showing posts with label Naming Rights. Show all posts
Showing posts with label Naming Rights. Show all posts

Wednesday, May 13, 2009

The New Home Will Be Cowboys Stadium

At least for now. I honestly don't care what the name is right now because I know it will be changing soon anyway. The only reason I even mention the name here is because there are so many people who seem to be upset about the name choice. Some think Jerry Jones is being greedy by not making a deal now for the naming rights. Some people think the temporary name should have more meaning. I actually think Jerry is doing the best thing he can do right now to maximize his revenue from the new stadium and to keep more people from hating him.

Would you make a deal for say $25 million over 20 years if you knew that by waiting a year or two you could make $50 million over 20 years? You have to put yourself in the shoes of Jerry Jones to really answer that question because I'm sure Jerry Jones has all the money he needs to maintain his lifestyle indefinitely. So he can wait for the best deal to come to him as soon as the big corporations start offering him big money when the economy improves. If you look at it that way, he is making the smart choice financially.

Now let's think about what would happen if the temporary name was meaningful. Like maybe Tom Landry Stadium. How mad would some people get if the name was Tom Landry Stadium and then two years from now Jerry had a press conference to announce that that name was changing to AT&T Stadium or Capital One Stadium? There would be some people seriously upset about something like that going down. That is exactly why you choose a name that is completely nondescript and forgettable.