Naming Rights for The Pit Sold to PBR's Ty Murray!

UNIVERSITY & CESAR CHAVEZ SE--Somehow I wasn't expecting the Professional Bull Riders' Ty Murray to end up giving his name to The Pit. But the official new name for UNM's University Arena will be "Ty Murray's PBR PIT." Apparently the bull riding event last weekend made so much money that the bull rider was convinced to opt for outright naming rights.

This is not the first university basketball facility to sell its rights. In 1997 San Diego State sold the naming rights to its $32,000,000 arena to Cox Communications for $400,000/year for 10 years. That contract has run out and now, as of only two weeks ago, the Viejas Band of Kumeyaay Indians which operate a casino 22 miles from the arena are paying $690,000/year in a 10 year agreement. SDSU's Cox Arena is now the Viejas Arena.

Only 91 Years
UNM's asking price of $700,000 did not seem unreasonable to Ty Murray. After all, The Pit will have cost $64,000,000 once the upgrades are completed. UNM's Athletic Director Paul Krebs put it this way, "What this means is that after only ninety-one and one half years the naming rights will have paid for the whole facility!"

As to whether this would detract from the history and cache of what used to be called The Pit, one of America's top 20 sports venues, Ty Murray wants all Lobo fans to just relax. "The new name will definitely NOT be a distraction. For one thing "Ty Murray's" will be in black and in handwriting. The "PBR" will be black and italicized. The word "PIT" will continue to be in big white slightly-tilted block letters just like always."

Other Changes
Asked what other changes are envisioned at Ty Murray's PBR PIT, the two seemed equally excited to talk about them. "First of all," said Krebs, "we are renaming the sections around the arena. Instead of having the same old 'A, B, C, & D' sections we are going to name them after breeds of cattle...such as Angus, Brangus, Charolais, and Dwarf Lulu."

The luxury seating area in the mezzanine is also in for a big redo. "We have a real surprise up there," added Murray, "The prime seating will be a combination of leather rockers with Cadillac dashboads, stationary horseheads with attached saddles, and those mechanical bull machines made so famous in the movie Urban Cowboy. We've got something for everybody. This way Ty Murray's PBR PIT will really get rocking!"

Ramp Stays the Same, Different Floor
Much of the arena will stay the same. Take the ramp, for instance. Instead of enlarging it to accommodate the dump trucks necessary to cover the floor with three feet of dirt, the PBR is investing in used mining equipment...specifically a rubber-tired underground ore train that can be used to run lots of dirt into the arena for rodeo events.

It's a different story for the basketball floor, however. It seems the weight of all that dirt and machinery means that the wooden floor will have to be replaced with a concrete pad. "Not to worry...we have found a really nice vinyl tile basketball setup that will do just fine."

March Madness
UNM did have to compromise on scheduling: the Pro Bull Riders need the arena for the entire month of March. Krebs looked at me like he knew this was something of a problem. " often do the men make it to the post-season?" he asked. "As for the women, they can play in Rio Rancho. What's the dif?"

Who Really Pays the Bill
I asked the two of them why anyone would want to pay extra for luxury seating when the Arena Formerly Known As The Pit was one of the truly democratic draws in New Mexico. If you wanted to see what New Mexico looked like, you came to a Lobo game. But their answer made sense.

"First of all you have to realize what kind of people sit in luxury boxes. They are business owners and big executives. Everything for them is tax deductible if they are with business know, people of their own kind! The luxury box is tax deductible. Their Lobodogs are tax deductible. Their parking space is tax deductible. Their Hummer is tax deductible. Hell, even the naming rights are tax deductible!"

I knew better than to ask who was really paying for all of this. more thing. Tomorrow is April Fools' Day. This story may appear to be made up and a day early, but only part of it. The fools part...well, the fools are real.

Views: 181

Comment by misterhinkydink on March 31, 2009 at 9:41am
PBR will always be this to me...

Comment by Adelita on March 31, 2009 at 10:03am
What?!!!! I'm speechless...
Comment by cathyray on March 31, 2009 at 10:15am
way to go mango! you really had me going there. I was starting to salivate thinking about Ty's BBQ pit. Very funny! Plus I know I can always count on misterhinkeydink to add to the fun. PBR will always stand for Pabst!
Comment by Hunter on March 31, 2009 at 11:28am
I heard the new concessions would include an oyster bar, Rocky Mountain style.
Comment by once banned twice shy on March 31, 2009 at 12:08pm
I know that the University and Ty Murray were all feeling the love, but all I have to say is once you use a venue as a rodeo hall it REMAINS a rodeo hall. That smell don't disspate easy-like.
Comment by Johnny_Mango on March 31, 2009 at 12:10pm
In response to some emails I have received, let me make it clear that the above story is fiction, including any conversations with Ty Murray and Paul Krebs. The part about the tax deductions is is the SDSU reference. I do know that April Fools' Day is tomorrow, and said so in the story. But I was unclear. This post is fictional. The underlying points in the post about luxury boxes, naming rights, tax favoritism, etc....those are not fiction.
Comment by Adelita on March 31, 2009 at 12:16pm
Dang! I was playing along to see how far it would go...Now I hope my post tomorrow doesn't cause confusion!
Comment by cathyray on March 31, 2009 at 12:42pm
look out! Adelita is up to something . . . . .
Comment by Benson on March 31, 2009 at 2:58pm
Heh heh, thanks Johnny. We're getting press calls on this. ;)
Comment by once banned twice shy on March 31, 2009 at 4:23pm
I knew it wasn't a real story, but my comment about it smelling like a rodeo hall forever stands.


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