FRIENDLY SKIES OVER DALLAS: MAVS AND STARS HIT PAYDIRT
American Airlines will pay $195M over the next 30 years
for naming rights to the new Dallas arena, according to
Richard Alm of the DALLAS MORNING NEWS. As part of the
deal, American's name and logo will be "all over the new
arena -- inside and out," as it will be featured on the
Stars' ice and dasherboards and at center court and
courtside for the Mavs. There will also be signs "visible
from freeways and city streets," and concessions and
advertising for all events will "in some way" bear the
American Airlines name. The announced value of the deal was
$5M a year, with American paying $150M over 30 years, but
the deal includes a "larger marketing partnership" which
calls for American to pay $45M for marketing pacts with the
Stars and the Mavs, ranging from TV and radio ads to special
promotions. American Airlines Chair Donald Carty, on the
deal: "What it means to us is a lot of terrific exposure."
Nokia spokesperson Megan Matthews said the company passed on
the naming rights deal: "Keeping the Sugar Bowl and passing
on the [Dallas arena] opportunity was best for us at this
time." American's naming rights deal, "in terms of dollars
per year," is second only to Atlanta's 20-year, $180M
Philips Arena deal (DALLAS MORNING NEWS, 3/19).
A QUICK DEAL: In Ft. Worth, Mede Nix writes that the
arena will be named the American Airlines Center, as
American was one of "four or five" companies "sought out" by
the Arena Group. Arena Group Senior VP/Sales & Marketing
Greg McElroy said that American "acted very quickly on the
proposal," which the group presented "about 30 days ago" and
was agreed to "two weeks ago" (FT. WORTH STAR-TELEGRAM,
3/19). In Dallas, Robert Ingrassia reports that part of the
deal calls for the creation of the American Airlines Center
Foundation, an organization which will be funded by the
Stars, Mavs and American, as each will make donations to
North Texas charities of "at least" $500,000 a year for five
years. Ingrassia adds that arena execs are seeking as many
as 12 other arena sponsors, for such elements as news media,
soft drinks and cellular phones (DALLAS MORNING NEWS, 3/19).
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