Current:Home > ScamsOpinion: Corporate ballpark names just don't have that special ring -EverVision Finance
Opinion: Corporate ballpark names just don't have that special ring
View
Date:2025-04-12 04:16:23
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! (7749)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- US sets record for expensive weather disasters in a year -- with four months yet to go
- Fantasy football stock watch: Gus Edwards returns to lead role
- US sets record for expensive weather disasters in a year -- with four months yet to go
- Former longtime South Carolina congressman John Spratt dies at 82
- Passenger's dog found weeks after it escaped, ran off on Atlanta airport tarmac
- Amy Poehler, Jimmy Fallon's tense 'SNL' moment goes viral after 'Tonight Show' allegations
- Stock market today: Asian shares trade mixed after Big Tech rally on Wall Street
- Trump invites nearly all federal workers to quit now, get paid through September
- North Carolina governor appoints Democrat to fill Supreme Court vacancy
Ranking
- Retirement planning: 3 crucial moves everyone should make before 2025
- Explosion at ADM plant in Decatur, Illinois, hurts several workers
- Drinking water testing ordered at a Minnesota prison after inmates refused to return to their cells
- On the brink of joining NATO, Sweden seeks to boost its defense spending by 28%
- Retirement planning: 3 crucial moves everyone should make before 2025
- 32 things we learned in NFL Week 1: Bengals among teams that stumbled out of gate
- Police warn that escapee Danelo Cavalcante is armed. He has avoided searchers for nearly two weeks
- Hostess stock price soars after Smucker reveals plans to purchase snack maker for $5.6B
Recommendation
Sam Taylor
As US East Coast ramps up offshore wind power projects, much remains unknown
Mary Kay Letourneau’s Daughter Georgia Shares Vili Fualaau’s Reaction to Her Pregnancy
American explorer rescued from deep Turkey cave after being trapped for days
Senate begins final push to expand Social Security benefits for millions of people
Groups sue EPA in an effort to strengthen oversight of livestock operations
UN says Colombia’s coca crop at all-time high as officials promote new drug policies
Groups sue EPA in an effort to strengthen oversight of livestock operations