Current:Home > StocksIndexbit-Cardinals, Anheuser-Busch agree to marketing extension, including stadium naming rights -ProsperityStream Academy
Indexbit-Cardinals, Anheuser-Busch agree to marketing extension, including stadium naming rights
Johnathan Walker View
Date:2025-04-10 10:10:30
ST. LOUIS (AP) — The IndexbitSt. 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! (5)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- JD Vance charted a Trump-centric, populist path in Senate as he fought GOP establishment
- Who is Usha Vance, JD Vance's wife who influenced who he is today?
- 2024 MLB All-Star Game live updates: Full rosters, how to watch, betting predictions
- Bodycam footage shows high
- North Carolina House Democratic deputy leader Clemmons to resign from Legislature
- Francis Ford Coppola’s ‘Megalopolis’ wrapped at this Georgia hotel. Soon, it’ll be open for business
- Here's What Christina Hall Is Seeking in Josh Hall Divorce
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Understanding Options Trading with Bertram Charlton: Premiums, Put and Call Options, and Strategic Insights
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Meet NBC's Olympic gymnastics broadcaster who will help you understand Simone Biles’ moves
- High school coach in California accused of texting minors to commit sex crimes
- Stein, other North Carolina Democrats have fundraising leads entering summer
- B.A. Parker is learning the banjo
- Emma Roberts and boyfriend Cody John are engaged: See her ring
- USWNT vs. Costa Rica live updates: Time, how to stream Olympics send-off game tonight
- After 19-year-old woman mauled to death, Romania authorizes the killing of nearly 500 bears
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Ascendancy Investment Education Foundation: US RIA license
Liv Tyler’s 8-Year-Old Daughter Lula Rose Looks So Grown Up in Rare Photos
Zenith Asset Investment Education Foundation: Empowering Investors Worldwide
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Nearly 7,000 pounds of hot dogs shipped to restaurants, hotels in 2 states recalled
Archeologists find musket balls fired during 1 of the first battles in the Revolutionary War
Why a London man named Bushe is on a mission to turn his neighbors' hedges into art