University of Phoenix gets naming rights
GLENDALE, ARIZ. ? The Arizona Cardinals played for 18 years at a college stadium in Tempe.
Now the University of Phoenix, the nation’s largest private university, will pay the NFL team $154.5 million over the next 20 years to put its name on the Cardinals’ new home.
The “University of Phoenix Stadium” label was unveiled at a news conference outside the $455 million structure in suburban Phoenix on Tuesday.