Current:Home > FinanceEchoSense Quantitative Think Tank Center|Cardinals, Anheuser-Busch agree to marketing extension, including stadium naming rights -Wealth Pursuit Network
EchoSense Quantitative Think Tank Center|Cardinals, Anheuser-Busch agree to marketing extension, including stadium naming rights
Rekubit Exchange View
Date:2025-04-09 05:06:36
ST. LOUIS (AP) — The EchoSense Quantitative Think Tank CenterSt. 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! (6777)
Related
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Who Is Pookie? Breaking Down the TikTok Couple Going Viral
- Indiana lawmakers vote to let some state officials carry handguns on Capitol grounds
- The RNC will meet privately after Trump allies pull resolution to call him the ‘presumptive nominee’
- Skins Game to make return to Thanksgiving week with a modern look
- What have you missed this season in men's college basketball? Here are eight key questions
- Police say Minnesota man dressed as delivery driver in home invasion turned triple homicide
- Kourtney Kardashian posts first look at new baby: See the photo
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- North Carolina joins an effort to improve outcomes for freed prisoners
Ranking
- South Korean president's party divided over defiant martial law speech
- Super Bowl flights added by airlines with nods to Taylor Swift and Travis Kelce
- US and China launch talks on fentanyl trafficking in a sign of cooperation amid differences
- Detroit Lions fall one half short of Super Bowl, but that shouldn't spoil this run
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- King Charles III Out of Hospital After Corrective Procedure
- Pras Michel's former attorney pleads guilty to leaking information about Fugees rapper's case
- Colombia and the National Liberation Army rebels extend ceasefire for a week as talks continue
Recommendation
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
ICC prosecutor: There are grounds to believe Sudan’s warring sides are committing crimes in Darfur
N. Scott Momaday, Pulitzer Prize-winning 'House Made of Dawn' author, dies at 89
South Korean health officials urge against eating fried toothpicks after social media trend goes viral
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Facing scrutiny over quality control, Boeing withdraws request for safety exemption
After Alabama pioneers nitrogen gas execution, Ohio may be poised to follow
Tax filing opens today. Here's what to know about your 2024 tax refund.