Katy Independent School District has a name for their new sports complex, agreeing to sell the naming rights to Katy-based retailer Academy Sports + Outdoors.
The district and corporation agreed to a 10-year, $2.5 million sponsorship contract that gives Academy exclusive naming rights to the new complex, which includes Jack Rhodes Memorial Stadium and a second, 12,000-seat stadium that is currently under construction and to be completed this summer.
The complex will be named Academy Sports + Outdoors Student Activities Complex.
“As the Houston area’s hometown sporting goods retailer, this partnership is especially meaningful to our team, as Katy is home to more than 3,000 of our team members, our corporate headquarters, two of our store locations, and one of our distribution centers,” J.K. Symancyk, President and CEO, Academy Sports + Outdoors, said in a press release.
“Academy has partnered with Katy ISD for over 25 years, and we are proud to extend our support in the Katy community over the next decade.”
Katy ISD’s new stadium has been in the news plenty since the groundbreaking, but most recently because of its soaring price tag.
During a 2014 bond vote, the stadium was originally approved at a price tag of $58 million. But as we wrote in October, the cost has soared to over $70 million, making it the most expensive high school football stadium in Texas.
Naming rights for high school stadiums and complexes are a fairly new thing, but the Academy Sports + Outdoors Student Activities Complex isn’t the first of its kind in the Houston area. Just earlier this year, Cypress-Fairbanks ISD partnered with Cy-Fair Federal Credit Union to acquire the Berry Center’s naming rights for 10-years, $1.5 million. The stadium was renamed “Cy-Fair FCU Stadium” on July 1st.