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Sanford Health buys naming rights to BREC for $2 mil

Re: Sanford Health buys naming rights to BREC for $2 mil

How could the city of Bemidji (and BSU?) turn down $2 million - especially in this economy/lack of LGA?
 
Re: Sanford Health buys naming rights to BREC for $2 mil

How long do they have the naming rights?

My understanding was 10 years, but I haven't seen the press release yet.

The corporatization of America is nearly complete. What a load of crap.

You can complain all you want, but as a property tax payer in the City of Bemidji, and when the facility was estimated to lose northwards of $300,000 a year, I'm thrilled that $200,000 a year comes off the top courtesy of Sanford Health...
 
Re: Sanford Health buys naming rights to BREC for $2 mil

Saw that coming. Sanford has been increasing its presence since about 2008. They were in negotiations for naming rights for the new Gopher's stadium. As a result this will be played at every game. <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/T5DnqW3F57E?fs=1&hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/T5DnqW3F57E?fs=1&hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object>
 
Re: Sanford Health buys naming rights to BREC for $2 mil

They also donated $10 million to NDSU to help remodel and for naming rights to the basketball arena. They'll also soon, or already have, donate money to UND.
 
Re: Sanford Health buys naming rights to BREC for $2 mil

Good deal for the city and the arena. $200,000 to help offset operating costs that could push $300,000 the first few years, that takes a big bite out of what the arena/city have to come up with.
 
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