Current:Home > FinanceOpinion: Corporate ballpark names just don't have that special ring -VisionFunds
Opinion: Corporate ballpark names just don't have that special ring
SignalHub Quantitative Think Tank Center View
Date:2025-04-09 18:07:14
Ballpark names aren't what they used to be. And I mean that — to use an overworked word of our times — literally.
Oracle Park in San Francisco used to be Pac-Bell, after it was SBC, after it was AT&T Park. U.S. Cellular Field in Chicago, which some of us might think of as, "the new Comiskey Park", is now Guaranteed Rate Field. Does anyone ever say, "Gosh, they got great dogs at Guaranteed Rate Field!" T-Mobile Park in Seattle is the new name for Safeco Field. Progressive Field in Cleveland has nothing to do with Bernie Sanders — it's the name of an insurance company, on the stadium that used to be Jacobs Field.
The Houston Astros play in Minute Maid Park. It was Enron Field when the park opened in 2000, but in 2001, the oil company went bankrupt in a sensational accounting scandal. The Astros had to sue to get the Enron name off of their ballpark, but won their division. They had a better year than Enron.
Fans like me might be pointlessly sentimental when it comes to stadium names, but they used to be personal, not corporate. They were named after people, sometimes the owners: Comiskey and Wrigley in Chicago, Crosley in Cincinnati, and Griffith in Washington, D.C. Ebbets Field in Brooklyn was named for a man who used to be a ticket taker, but would come to own the Dodgers. Some other names came from the stadiums' locations: Fenway, a neighborhood in Boston, or Candlestick, for a tip of land that juts into San Francisco Bay.
And of course what name invokes more fame and grandeur than Yankee Stadium?
The change came when teams realized they could sell companies the rights to put their corporate monikers on their ballparks, and turn the whole thing into a billboard. But naming rights may not be as extravagant an expenditure as you think.
It costs JPMorgan Chase and Co. $3.3 million a year to put their bank name on the Phoenix ballpark. It costs Petco $2.7 million a year to put their pet supply company name on San Diego's ballpark, and the Guaranteed Rate Mortgage Company pays just over $2 million a year to have their name on the stadium where the White Sox play.
I don't want to characterize any of those fees as chump change. But the average salary of a major league ballplayer today is higher than any of those rates, at nearly $5 million a year.
Instead of seeing stadium names as one more chance to sell advertising, teams could salute players and fans by naming their parks after one of their own departed greats. There should be a Jackie Robinson Park, a Roberto Clemente Field, and one day perhaps, a Shohei Otani Stadium. They're the names that made games worth watching.
veryGood! (11761)
Related
- Retirement planning: 3 crucial moves everyone should make before 2025
- Yankees match longest losing streak since 1982 with ninth straight setback
- First GOP debate kicks off in Milwaukee with attacks on Biden, Trump absent from the stage
- Kylie Jenner's Itty-Bitty Corset Dress Is Her Riskiest Look Yet
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Texas elementary school students escape injuries after a boy fires a gun on a school bus
- South Carolina’s new all-male highest court reverses course on abortion, upholding strict 6-week ban
- Driver of minivan facing charge in Ohio school bus crash that killed 1 student, hurt 23
- Former longtime South Carolina congressman John Spratt dies at 82
- MacKenzie Scott has donated an estimated $146 million to 24 nonprofits so far this year
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Colorado supermarket shooting suspect found competent to stand trial, prosecutors say
- Amputees can get their body parts back for spiritual reasons, new Oregon law says
- 16 Affordable Fashion Finds Amazon Reviewers Say Are Perfect for Travel
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Giants tight end Tommy Sweeney collapses from ‘medical event,’ in stable condition
- Take a Pretty Little Tour of Ashley Benson’s Los Angeles Home—Inspired By Nancy Meyers Movies
- Saint-Gobain to close New Hampshire plant blamed for PFAS water contamination
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
How Zendaya Is Navigating Her and Tom Holland's Relationship Amid Life in the Spotlight
Tropical storm hits Caribbean, wildfires rage in Greece. What to know about extreme weather now
Drowning death of former President Obama’s personal chef on Martha’s Vineyard ruled an accident
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
California shop owner killed over Pride flag was adamant she would never take it down, friend says
18 burned bodies, possibly of migrants, found in northeastern Greece after major wildfire
Aaron Rodgers' new Davante Adams, 'fat' Quinnen Williams and other 'Hard Knocks' lessons