Monday, February 27, 2006

The Lucas Oil Stadium

And the naming honors for the new Indiana Stadium goes to: Lucas Oil.
According to WISH-TV, the Indianapolis Colts have reached a deal with the Corona, California company which gives the naming rights for the new Colts stadium to the company in exchange for payments approaching $120 million over a 20-year period.

A press conference making the announcement official is suppose to take place Wednesday afternoon. This is great news for the Colts' owner, Jim Irsay, who will be the only beneficiary of the deal instead of the taxpayers who are footing the bill for the half-billion dollar stadium project thanks to the one-sided agreement our leaders negotiated on our behalf. It's also pretty sad that a company with little connection to our state will be emblazened on a stadium our taxpayers paid to build.

3 comments:

LP Mike Sylvester said...

It is both sad and typical.

I am sick and tired of policies that favor a few large businesses...

Advance Indiana said...

According to Lucas Oil's website, they do have a facility in Corydon, Indiana. I can't imagine it's very large.

Anonymous said...

Please, please, please -- dear God, please -- don't use the word "oil" in the name! Maybe "oil" works for a Texas stadium, but who would associate Indiana with that word?!

Oil is a dirty substance, and is so 20th century. Even President Bush dissed this "o"-word by saying that "America is addicted to oil" in his State of the Union address.

It would be a tragedy to have this fine new stadium, in America's finest city, be tarnished with the word "oil" in it's name.

J. Ritterbush
Hoosier in Georgia