Current:Home > InvestCardinals, Anheuser-Busch agree to marketing extension, including stadium naming rights -Stellar Wealth Sphere
Cardinals, Anheuser-Busch agree to marketing extension, including stadium naming rights
View
Date:2025-04-21 11:25:55
ST. LOUIS (AP) — The St. Louis Cardinals have been playing in Busch Stadium for seven decades, and that won’t change anytime soon.
The team and Anheuser-Busch announced Wednesday that they have agreed to a five-year marketing agreement extension that will run through 2030. In addition to stadium naming rights, the maker of Budweiser, Bud Light and other beers maintains exclusive rights to all alcoholic beverage advertising on Cardinals radio and TV broadcasts, stadium signage rights and other marketing benefits.
Terms of the agreement were not disclosed.
“Anheuser-Busch and the Cardinals are part of the fabric of St. Louis, and this continued investment in our shared hometown is an exciting next chapter in our decades long story,” Matt Davis, vice president of partnerships for Anheuser-Busch, said in a news release.
Cardinals President Bill DeWitt III, in the release, said the partnership with the brewery “is such an important part of our identity as an organization.”
St. Louis-based Anheuser-Busch purchased the Cardinals and Sportsman’s Park in 1953, renaming the ballpark Bush Stadium. The Cardinals moved into a new downtown ballpark in 1966 that was named “Busch Memorial Stadium.”
The brewery sold the baseball team to a group led by Bill DeWitt Jr. in 1995, but the Busch name remained on the ballpark and its replacement, which opened in 2006. The Busch family sold Anheuser-Busch to Belgium-based InBev in 2008.
The marketing extension also includes Ballpark Village, a mixed-use commercial and residential area next to Busch Stadium.
veryGood! (7)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Supreme Court says Trump can appear on 2024 ballot, overturning Colorado ruling
- Russian drone attack kills 7 in Odesa, Ukraine says
- What to know about Alabama’s fast-tracked legislation to protect in vitro fertilization clinics
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- West Virginia bus driver charged with DUI after crash sends multiple children to the hospital
- Court rules Florida’s “stop woke” law restricting business diversity training is unconstitutional
- War in Gaza and settler violence are taking a toll on mental health in the West Bank
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Real Housewives of Beverly Hills' Kyle Richards’ Guide To Cozy Luxury Without Spending a Fortune
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- After a fender bender, this pup ran a mile to her doggy daycare to seek shelter
- Dallas Cowboys QB Dak Prescott welcomes first child, a baby girl he calls MJ
- Teen Mom's Jenelle Evans and Husband David Eason Break Up After 6 Years of Marriage
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Ammo supplier says he provided no live rounds in fatal shooting of cinematographer by Alec Baldwin
- Bitcoin prices near record high. Here's why.
- EAGLEEYE COIN: Application of Blockchain Technology in Supply Chain Management
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Lindsay Lohan Shares How Baby Boy Luai Has Changed Her
A New EDF-Harvard Satellite Will Monitor Methane Emissions From Oil and Gas Production Worldwide
See how much the IRS is sending for the average 2024 tax refund
Retirement planning: 3 crucial moves everyone should make before 2025
Donald Trump’s lawyers fight DA’s request for a gag order in his hush-money criminal case
Which Super Tuesday states have uncommitted on the ballot? The protest voting option against Biden is spreading.
Miami Beach is breaking up with spring break — or at least trying to