• Loading stock data...
Saturday, January 11, 2025

MLS Team to Play in ‘Sports Illustrated Stadium’ in $100M Naming Deal

The New York Red Bulls announced a naming rights deal with a sister company of the magazine.

Nov 3, 2024; Harrison, New Jersey, USA; New York Red Bulls midfielder Lewis Morgan (9) heads a ball during the first half against the Columbus Crew in a 2024 MLS Cup Playoffs Round One match at Red Bull Arena.
Tom Horak-Imagn Images

The New York Red Bulls announced a 13-year stadium naming-rights agreement with Sports Illustrated Tickets on Wednesday.

The 25,000-person Red Bull Arena in Harrison, N.J., just outside of New York City, is now called Sports Illustrated Stadium. Despite sharing a name, the partnership isn’t a deal with the famous sports magazine. The deal is worth more than $100 million, according to Sportico.

Sports Illustrated Tickets is a secondary ticket marketplace launched in June 2021 that the magazine’s licensing company, Authentic Brands Group, allows to use the media outlet’s name. Sports Illustrated was embroiled in controversy earlier this year as its publisher, The Arena Group, missed a large payment to ABG and laid off most of the outlet’s staff. Later in the spring, ABG struck a deal with Minute Media to publish the magazine and website, and the company hired back most of the editorial team.

The Red Bulls lost in the MLS Cup championship Sunday to the LA Galaxy. The new naming rights agreement, which Authentic helped broker, will begin next season.

Sports Illustrated Tickets will also become the official ticket partner starting in 2026 for all events in the stadium, which is also the home venue for the 2023 NWSL champion Gotham FC. Leaning even further into the SI branding, the ticketing company plans to allow fans to digitally put themselves on the SI cover at all events at the stadium, and make a premium suite called Club SI. It won’t be the first “Club SI,” though—it had one at the Kentucky Derby this May.

Representatives for the SI union did not immediately return requests for comment. This is the first stadium naming deal for SI, and because the media outlet and ticketing company don’t interact, it’s not supposed to have any impact on SI’s coverage of MLS.

Red Bull Arena opened in 2008, and it reached perhaps its most high-profile moment when it hosted Lionel Messi’s regular-season MLS debut in August 2023. Red Bulls president and GM Marc de Grandpré told Front Office Sports at the time that the match was expected to bring two to three times the revenue of a normal game, and called it the “largest-ever MLS gate since we’ve been at Red Bull Arena.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

With National Title in Sight, Ohio State’s Ryan Day Closes In on..

“It’s what life’s all about,” Day said of the doubters he faced.
Nov 30, 2024; Baton Rouge, Louisiana, USA; LSU Tigers wide receiver Kyren Lacy (2) runs after a catch against the Oklahoma Sooners during the first quarter at Tiger Stadium.

LSU Wideout Kyren Lacy Declared for NFL Draft Days After Alleged Hit-and-Run

Louisiana State Police issued an arrest warrant for Lacy on Friday.
Feb 15, 2022; Beijing, China; Reira Iwabuchi (JPN) in the women’s snowboarding big air finals during the Beijing 2022 Olympic Winter Games at Big Air Shougang.

Could $3.6 Million Cost Salt Lake the 2034 Olympics?

The U.S. decided not to pay its dues to the global anti-doping machine.
Dec 27, 2024; Las Vegas, NV, USA; Helmets at the line fo scrimmage as DUPLICATE***Southern California Trojans long snapper Hank Pepper (31) snaps the ball against the Texas A&M Aggies at Allegiant Stadium.

Another College Athlete Employment Movement Dies Ahead of NLRB’s Expected Swing

The union representing Dartmouth athletes withdrew its petition recently, too.

Featured Today

Ohio State Buckeyes defensive end Jack Sawyer (33) knocks the ball out of the hands of Texas Longhorns quarterback Quinn Ewers (3) and returns the fumble for a touchdown in the fourth quarter of the Cotton Bowl Classic during the College Football Playoff semifinal game at AT&T Stadium in Arlington, Texas on January, 10, 2025.

College Football Is Closer Than Ever to Perfecting the Championship Process

Despite valid criticisms, the first expanded Playoff is working.
Jan 2, 2025; New Orleans, LA, USA; Notre Dame Fighting Irish head coach Marcus Freeman (R) reacts on the sidelines in the final minute against the Georgia Bulldogs during the fourth quarter at Caesars Superdome.
January 9, 2025

Amid Realignment Mania, Notre Dame Stayed Independent. It Paid Off

How the CFP semifinal-bound Fighting Irish made their business model work.
Ohio State wide receiver Jeremiah Smith (4) celebrates a first-down catch against Oregon during the 2025 Rose Bowl in Pasadena, Calif.
January 3, 2025

The Biggest Changes to College Sports Are Coming in 2025

Sweeping developments could affect the college sports foundation this year.
Dec 31, 2024; Chicago, Illinois, USA; Chicago Blackhawks center Connor Bedard (98) walks out to the rink before the Winter Classic against the St. Louis Blues at Wrigley Field
January 1, 2025

Glitzy NHL New Year’s Eve Winter Classic Showcased Connor Bedard’s Star Power

The business of Bedard—on full display—is crucial for the NHL.

As Fires Devastate L.A. Area, NFL Moves Vikings-Rams Game

As of now, Monday’s wild-card game is still set for SoFi Stadium.
Biden, Josh Harris
January 6, 2025

Biden Signs RFK Stadium Bill Into Law

D.C. will take control of the potential stadium site within 180 days. 
January 7, 2025

Rays Reverse Course on Tropicana Field Repairs, Aim for 2026 Return

After questioning the ballpark repairs, the MLB club now wants them done.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
January 3, 2025

Browns Land Buy Fuels Stadium Plan As Cleveland Pushes Back

The NFL team executes a clause to purchase 176 acres of land.
December 31, 2024

Cleveland vs. the Browns: How ‘Modell Law’ Could Keep Team in City

The city invokes local law while seeking to halt the team’s relocation.
Mercedes-Benz Stadium
December 23, 2024

Falcons Stadium Transactions Up 30% Since Huge Food Price Cut

The team set famously low food prices at its stadium in 2017.
Oct 5, 2023; Landover, Maryland, USA; Washington Commanders owner Josh Harris with fans before the game against the Chicago Bears at FedExField.
December 21, 2024

RFK Stadium Bill Passes in Overnight Stunner

In a 1:15 a.m. vote, all 100 senators voted yes.