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SBD/January 25, 2011/Facilities
Groundbreaking For Dynamo Stadium Expected Later This Month
Published January 25, 2011
PLAYING THE NAME GAME: Dynamo Senior VP/Business Development Steven Powell said that the new structure will be called Dynamo Stadium for now, but he "hopes that name changes soon." Powell said that he and his team are “busy shopping the naming rights for the stadium to companies local and nationwide and have narrowed their list of suitors to ‘less than 20.’” He added the Dynamo have prepared a “private, internal list” of candidates that the team will approach. In Houston, Casey Wooten notes naming rights for other MLS stadiums “run from $1 million to $3 million per year, with contracts lasting 10 to 20 years.” Powell said that the Dynamo plan to sign about 10 smaller “founding members” as well. He added that he is “optimistic his team will find a good corporate partner, but don’t expect an announcement soon.” Powell: “We’d rather be more patient to secure the best long-term partner. We’re not putting a time line on it” (HOUSTON BUSINESS JOURNAL, 1/21 issue). Wooten also profiles Dynamo President Chris Canetti’s “meteoric rise” in a Q&A (HOUSTON BUSINESS JOURNAL, 1/21 issue).