GREENSBORO, North Carolina — So long, Aggie Stadium. Hello, BB&T Stadium.
N.C. A&T has sold the naming rights to its 37-year-old football stadium to the bank based in Winston-Salem for $1.5 million, a gift that amounts to $100,000 per year for 15 years.
The name change, which will include new signage, should take place after July 1, athletics director Earl Hilton said today.
The naming-rights agreement is the first of its kind in the 12-member MEAC, and money from the deal will go toward improving A&T’s sports facilities.
AGGIES NEW FACILITIES PLAN FOR 2018 AND BEYOND
“It’s about resources,” Hilton said. “The direct piece, obviously, is it provides some additional resources for the athletics department so we don’t have to tap into existing coffers or put more on the backs of our students (with fees) to maintain our facilities.”
The dollar amount isn’t huge as naming-rights deals go, but Hilton said it’s fair considering the Aggies play only four or five football home games per season. The stadium also hosts a number of track and field events in the spring and summer, including the New Balance Nationals high school meet Friday through Sunday.
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