Current:Home > InvestTradeEdge Exchange:Cardinals, Anheuser-Busch agree to marketing extension, including stadium naming rights -Visionary Wealth Guides
TradeEdge Exchange:Cardinals, Anheuser-Busch agree to marketing extension, including stadium naming rights
Johnathan Walker View
Date:2025-04-06 15:46:24
ST. LOUIS (AP) — The TradeEdge ExchangeSt. 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! (3)
Related
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- 'Vanderpump Rules' star Rachel Leviss sues Tom Sandoval and Ariana Madix for revenge porn: Reports
- Disney+ is bundling with Hulu, cracking down on passwords: What you need to know
- Scandinavian Airlines medevac plane lands in Malaysian island where Norwegian king is hospitalized
- All That You Wanted to Know About She’s All That
- Trump, special counsel back in federal court in classified documents case
- Judge upholds decision requiring paternity test of Cowboys owner Jerry Jones
- Build Your Dream Spring Capsule Wardrobe From Home With Amazon's Try Before You Buy
- $73.5M beach replenishment project starts in January at Jersey Shore
- RHOBH's Erika Jayne Claps Back at Denise Richards' Lip-Synching Dig
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity
- As NFL draft's massive man in middle, T'Vondre Sweat is making big waves at combine
- Tyreek Hill's lawyer denies claims in lawsuit, calls allegations 'baseless'
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Avalanche kills American man in backcountry of Japanese mountains, police say
- Georgia women’s prison inmate files lawsuit accusing guard of brutal sexual assault
- When celebrities show up to protest, the media follows — but so does the backlash
Recommendation
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Still Work From Home? You Need These Home Office Essentials in 2024
Silence of the glams: How the Oscars (usually) snubs horror movies
Kim Zolciak's daughter Brielle is engaged, and her estranged husband Kroy Biermann played a role
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
SEC dominating the upper half of this week's Bracketology predicting the NCAA men's tournament
Short-lived tornado hit NW Indiana during this week’s Midwest tornado outbreak, weather service says
Still Work From Home? You Need These Home Office Essentials in 2024