If Ohio could secure naming rights to the Convo of 2 million a year for 5 years and then take that money and spend it on NIL for basketball that sounds doable to be competitive.
2 million dollars per year for the naming rights of the Convo? Have you lost your mind? Drop a couple zeroes off that estimate, I do not think the Convo could net 6 figures for naming rights.
A naming rights agreement for the Convo certainly wouldn't net anything in the millions, but 6 figures is very feasible. Sports Business Journal released a database of naming rights agreements last year that included multiple peer conferences and schools.
MAC (All Sports)
Akron - FirstEnergy Stadium (soccer) - $25K/yr for 20 years
Akron - InfoCision Stadium (football) - $750K/yr for 20 years
Sun Belt (Basketball in Non Major Markets)
* Georgia State and Texas State have naming rights north of $1.4M annually but are in major markets *
Arkansas State - First National Bank Arena - $455K/yr for 11 years
James Madison - Atlantic Union Bank Center - $255K/yr for 10 years
Old Dominion - Chartway Arena - $425K/yr for 10 years
CUSA
FIU - Ocean Bank Convocation Center - $250K/yr for 5 years
MVC
Illinois State - CEFCU Arena - $1M/yr for 10 years
Southern Illinois - Banterra Center - $400K/yr for 10 years
Evansville - Ford Center - $430K/yr for 15 years
Low 6 figures feels feasibly strictly by comparison but also easier said than done to find someone to pony up $200-$400K per year for 10 years in southeast Ohio. Naming rights deals tend to be local large companies, hospital systems, banks, and insurance companies. The job for OU becomes tougher when the local base is limited to hospital systems and banks that would have that level of money to spend.
Last Edited: 3/3/2026 10:49:35 AM by QuantCat