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Jacobs Field to Become Progressive Field PDF Print E-mail
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Written by Maury Brown   
Friday, 11 January 2008 04:23

Jacobs FieldThe Cleveland Indians announced today that they have reached a naming rights deal with Progressive Insurance to rename Jacobs Field to Progressive Field.

The deal will be worth $3.6 million annually over 16 years. The total value over the life of the agreement comes to approx. $57.6 million.

At a press conference today, the Indians announced that the name change will take place for the 2008 season.

Progressive President and CEO Glenn Renwick said, “This is a story about two Cleveland-based organizations making a long-term commitment to the city, the fans and our people.”

“Progressive is the perfect fit for the Cleveland Indians, a hometown, world-class organization known for putting their customers first with a tradition of innovation and excellence,” said Indians President Paul Dolan. “We look forward to continuing to provide our fans with a championship-caliber team in an atmosphere of superior customer service and entertainment at Progressive Field.” 


Maury Brown

Maury Brown is the founder and president of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is also an author for Baseball Prospectus, Basketball Prospectus and is an available writer for other media outlets.

Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.

 
 
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