Sport tip San Francisco crossed the stadium of Oracle Park
Sport tips blog
The baseball home of San Francisco Cants already has a new name. From today, the coastal stadium in the Bay Area is called `Oracle Park`. The rights agreement on the 42-thousandth facility is for a period of 20 years;until 2039. The technology giant inherits as a sponsor AT u0026 T`s mobile operator, whose parent company agreed to terminate its contract one year ahead of schedule. `This is an emblematic place and we view it as a landmark, ` said Larry Bayer, president and CEO of the `giants. ` We have said before that we are gradually seeking to turn this stadium into what is `Fenway Park for Boston or Wrigleyfield for Chicago. `
Even before the stadium was built (1997-2000), the rights to its name were bought by Pacific Telecom, which in 1996 agreed to pay $ 50 million for a 24-year term;by 2020. When the facility was opened in 2000 in the MLB, it was called Pacific Beach Park. However, it was soon renamed to SBC Park (2003) and then to AT u0026 T Park (2006) after the giant SBC Communications first acquired Pacific Bell and then AT u0026 amp; T. According to Bloomberg, the Oracle deal will bring San Francisco Cants $ 200 million in revenue over the next two decades. `We are really pleased with the fact that Oracle is a local company, ` said Bauer, `They will not go anywhere, and we will not go anywhere. `
Sport tips blog