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High Point Solutions Naming Rights...

RobotHunter

All Conference
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May 9, 2015
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Whats the deal with the naming rights? 5 more years of Highpoint Solutions painted all over the stadium for $600,000/ year? Looks cheesy. What a terrible deal. No other B1G or power 5 school has the stadium sponsor painted on the grass across from the conference logo like we do. It's on top of the scoreboard where "Birthplace of College Football" used to be, outside on the River Road entrance sign where the big block R used to be and pretty much all over the place. Need to buy them out and go back to Rutgers Stadium now that the circus has left town.
 
Whats the deal with the naming rights? 5 more years of Highpoint Solutions painted all over the stadium for $600,000/ year? Looks cheesy. What a terrible deal. No other B1G or power 5 school has the stadium sponsor painted on the grass across from the conference logo like we do. It's on top of the scoreboard where "Birthplace of College Football" used to be, outside on the River Road entrance sign where the big block R used to be and pretty much all over the place. Need to buy them out and go back to Rutgers Stadium now that the circus has left town.

Are you offering to buy them out?
 
With over 30 million a year coming in the not too distant future it is silly to have High Point Solutions plastered all over the stadium for $600,000/ year.
 
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With over 30 million a year coming in the not too distant future it is silly to have High Point Solutions plastered all over the stadium for $600,000/ year.

Still competing against schools who have bigger donors and larger stadiums.
 
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Likely not just a matter of "buying them out." Unless HS or its principals do something morally/legally outrageous, I suspect RU is stuck with the HS naming for the length of the contract.
 
It was actually a good deal at the time. Companies were not knocking down our door to pay for naming rights. Good forsight on their part. They must likely were betting on us getting invited to the Big 10.
 
I've always wondered how we never managed to get J&J to ink the stadium deal. It just seems like such a natural fit.
J&J donates a lot but pharmaceutical companies haven't been in the naming rights business.

I'd expect a company like Hess to step up before a big pharma.
 
J&J donates a lot but pharmaceutical companies haven't been in the naming rights business.

I'd expect a company like Hess to step up before a big pharma.

Does Hess have any money, these days? They've divested most of their actual operations.
 
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J&J donates a lot but pharmaceutical companies haven't been in the naming rights business.

I'd expect a company like Hess to step up before a big pharma.
Always thought a bank or insurance company would be a great sponsor. Still expect a Prudential, Chase, Wells Fargo, etc. to eventually take the naming rights.
 
You sign a contract and you honor it. Seems like a fantastic deal for High Point Solutions. If anything, Tim Pernetti probably made out as well as HP- IMG College sourced the deal and TP created a relationship that led him to his job as head of IMG College.

Also, timing is everything. The deal was signed as the country was just getting its economic feet under itself. Naming rights deals were weren't going for a premium amount those days.

BTW, U of Washington signed a 4M a year deal with Alaska Air this yr for their football stadium. That'd be a great benchmark for us in 5 years when the deal comes up again.
 
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$4+ million would be cool. That would mean that the stadium's name would pay for most of the staff's salary. (assuming that they'd have earned raises by then).
 
Hey, they stepped up when we were stuck in purgatory and then the AAC.

Once this contract is over we will get someone else for more money.
Exactly. The guys who founded and still own HPS are RU grads, so we should be pulling for them to benefit from this deal. They took a risk when we sucked, and inked a long-term deal when revenue wasn't coming into the program. Should we have given money back for this past season's atrocity and negative exposure for HPS? If there isn't a clause permitting us to buy them out, the deal stands as inked. Be happy that sometimes things work out well for people, because this hasn't been a slam dunk for them.

Shortly after inking the deal the Mike Rice media shitshow erupted, Pernetti was fired, Schiano left, Flood took over, and we've gone downhill since. Honor your commitments, then move on when it's right. That is integrity, and is something we need at all times.
 
J&J donates a lot but pharmaceutical companies haven't been in the naming rights business.

I'd expect a company like Hess to step up before a big pharma.

I know it was just an analogy but Hess is moving out of NJ they're going strictly into exploration. They have already closed all their gas stations, sold their headquarters in Woodbridge and sold their plant here.
 
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Does Hess have any money, these days? They've divested most of their actual operations.

They are pouring all their money into strictly exploration. They sold their gas stations, plant and headquarters and are out of NJ soon. No more pumping gas for them strictly finding oil and refining at their plant in St. Croix.
 
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Doesn't high point actually focus on outsourcing jobs ? I thought I heard that somewhere . If true that's a disgrace we are associated with them.
 
I never liked the deal.. We sold on the cheap as usual and went small-time. Lets hope those days are over. Selling 10-years of naming rights for $6M was another muff by the typically short-sighted Pernetti who was one of the worst AD's ever.
 
J&J donates a lot but pharmaceutical companies haven't been in the naming rights business.

I'd expect a company like Hess to step up before a big pharma.

I think Hess has stepped out of the Retail end of the Petroleum business ( no more Stations).
High Point might renew the Contract at a much higher market appropriate rate. Or perhaps another local Company will step up ( Prudential, Colgate, ADP).
 
Whats the deal with the naming rights? 5 more years of Highpoint Solutions painted all over the stadium for $600,000/ year? Looks cheesy. What a terrible deal. No other B1G or power 5 school has the stadium sponsor painted on the grass across from the conference logo like we do. It's on top of the scoreboard where "Birthplace of College Football" used to be, outside on the River Road entrance sign where the big block R used to be and pretty much all over the place. Need to buy them out and go back to Rutgers Stadium now that the circus has left town.
Party city stadium
 
High Point stepped up at a difficult time for RU. We should be thankful so what they did. We made a deal and need to adhere to it. If it worked to their advantage, that's great. Let's demonstrate that we have values and honor our agreements. I hope that when the deal is up, High Point renews at a much higher price and it works out for them and Rutgers. I love High Point Solutions Stadium. Loyalty matters.
 
my god do people have short or no memory--as was posted we were "lucky" and praised for this deal at a real bad time for us--we got very much needed $--some guys just always overact to see the worst
It is a crappy deal compared to most stadium naming contracts in the country but thats not the real issue. I'm just wondering why we have to have High Point Solutions painted everywhere you look. Just about every stadium in all of college football has their conference logo on the 25 yard line and then the other 25 yard line on the opposite side and that's it. We have High Point Solutions painted on the field across from the B1G logo. I have not seen that anywhere else. Looks cheesy and not like a Big 10 field.
 
I think Hess has stepped out of the Retail end of the Petroleum business ( no more Stations).
High Point might renew the Contract at a much higher market appropriate rate. Or perhaps another local Company will step up ( Prudential, Colgate, ADP).
Hess still has gas stations in Connecticut.
 
It is a crappy deal compared to most stadium naming contracts in the country but thats not the real issue. I'm just wondering why we have to have High Point Solutions painted everywhere you look. Just about every stadium in all of college football has their conference logo on the 25 yard line and then the other 25 yard line on the opposite side and that's it. We have High Point Solutions painted on the field across from the B1G logo. I have not seen that anywhere else. Looks cheesy and not like a Big 10 field.

but it is a Big Ten field..
Don't be so worried about how the program looks compared to others. Take some pride in the way we do things and get behind it.
Worrying about where we place our sponsors name seems like such a small matter. Does anyone care about the actual football around here?
 
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I have not seen that anywhere else. Looks cheesy and not like a Big 10 field.

There are only 2 other football stadiums in the Big Ten that have corporate naming rights: Capital One Field at Maryland Stadium, and TCF Bank Stadium. As best as I can tell, neither Maryland nor Minnesota have the names of their corporate sponsors painted on the field.
 
hindsight2.jpg
 
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