Asked by Diana Muñoz on Jul 02, 2024
Verified
Which statement about the naming rights for athletic venues is true?
A) Few MLB venues have corporate names.
B) Corporate naming rights are permanent.
C) Most NFL venues are named for a corporation.
D) League venues have equivalent naming rights fees.
Naming Rights
The commercial right to name a venue, event, or product, often for advertising benefits and brand recognition.
Athletic Venues
Facilities designed for hosting sports events and physical activities, including stadiums, arenas, and gymnasiums.
- Acquire knowledge about the role and consequences of corporate sponsorships and naming rights in the realm of sports.
Verified Answer
CN
Clara Natalie6 days ago
Final Answer :
C
Explanation :
According to the article, "Most NFL venues now bear the brand name of a corporation." Option A is incorrect as the article states that "only few arenas and parks across the [MLB] do have corporate names." Option B is incorrect as many naming rights deals have expiration dates. Option D is not mentioned in the article.
Learning Objectives
- Acquire knowledge about the role and consequences of corporate sponsorships and naming rights in the realm of sports.
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