Heinz Field May be Losing Its Namesake: How B2B Companies Can Capitalize

 

Highlights

  • Heinz is expected to walk away from renewing its naming rights for the Pittsburgh Steelers‘ stadium.
  • The current deal in place has Heinz paying roughly $2.8 million per year, which is below market value for naming rights to an NFL stadium.
  • The Steelers are looking for a deal in the $10 million/year range.
  • The stadium has had the Heinz name since it opened in 2001. In recent years Heinz has shifted operations from the Steel City to Chicago as part of a merger with Kraft.
  • The current Heinz deal runs through 2021. This could end sooner if the Steelers choose to do so.

Does This Signal A Shift?

  • We could see a shift towards lesser known but more valuable companies making bids for stadium naming rights.
  • Oracle and Fiserv are two of the biggest B2B brands to buy the naming rights to stadiums. Could similar companies be next to buy naming rights?

Most Expensive Naming Right Deals:

  • AT&T Stadium, Arlington, TX: $19 million/year
  • Scotiabank Arena, Toronto, Canada: $30.4 million/year
  • Mercedes-Benz Stadium, Atlanta, GA: $11.5 million/year
  • MetLife Stadium, East Rutherford, NJ: $16-24 million/year

(Data as of April, 30, 2018, according to Sports Business Journal)

Follow us on social media for the latest updates in B2B!

Image

Latest

influencer partnerships
Moving Beyond Social Media Buzz: How Authentic Content & Long-Term Influencer Partnerships Can Drive Hotel ROI
July 30, 2025

Influencer marketing is rapidly changing, and many hotels are still figuring out how to tap into its full potential. As travelers demand more authentic and relatable content, the pressure is on for hotels to adapt their marketing strategies. But with skepticism around the true ROI of influencer partnerships, it’s more important than ever for brands…

Read More
workforce
Building a Future-Ready Workforce: With Traditional Training Models Failing, It’s Time for Employers and Educators to Build Solutions Together
July 30, 2025

In an era where the average job tenure in the U.S. hovers under four years and industries are evolving faster than academic curricula can keep up, the need for a new approach to workforce development has never been more urgent. Companies like Amazon and McDonald’s are responding by investing in “education as a benefit”…

Read More
belief
Learning Out Loud with Belief, Courage, and the Power of Yes
July 30, 2025

In a world where workplace disengagement is on the rise, with global employee engagement falling to just 21% in 2024, leaders and teams are increasingly seeking meaning, connection, and growth in their work. Amid this shift, professionals are asking deeper questions about purpose and fulfillment, both individually and collectively. That’s exactly where Paul Plamondon’s…

Read More
professional advancement
The Measured Mindset: How Mentorship, Curiosity, and Listening Drive Professional Advancement and Growth
July 29, 2025

Not every path into analytics starts with code and spreadsheets. For some, it begins with curiosity, adaptability, mentorship, and a willingness to learn something entirely new. That’s the case for Mayank Malviya, whose journey from a humanities education in India to a career in U.S.-based market research reveals how initiative and mentorship can accelerate…

Read More