They sell the naming rights of their new basketball practice facility for FIVE MILLION DOLLARS.
The new $15 million practice facility will be done in August of 2007, will offer gym space, offices, a weight room and and training area for the men???‚¬?„?s basketball program, along with women???‚¬?„?s volleyball and lacrosse.
It will be named
The Yum! Center
Yum! Brands has bought the naming rights for the next 20 years, but
the company is not interested in naming rights for a planned downtown U of L basketball arena.
Yum, the Louisville-based parent company of KFC, Taco Bell and Pizza Hut, will pay $250,000 annually for the practice facility naming rights through 2023. In return, it will have its name on the side of the building on Floyd Street.
This news comes at the exact same time as the announcement that sales at YUM restaurants is dropping off
The new $15 million practice facility will be done in August of 2007, will offer gym space, offices, a weight room and and training area for the men???‚¬?„?s basketball program, along with women???‚¬?„?s volleyball and lacrosse.
It will be named
The Yum! Center
Yum! Brands has bought the naming rights for the next 20 years, but
the company is not interested in naming rights for a planned downtown U of L basketball arena.
Yum, the Louisville-based parent company of KFC, Taco Bell and Pizza Hut, will pay $250,000 annually for the practice facility naming rights through 2023. In return, it will have its name on the side of the building on Floyd Street.
This news comes at the exact same time as the announcement that sales at YUM restaurants is dropping off
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