Naming rights cost Progressive $3.6M annually

Filed by The Wave January 11th, 2008 in Top Stories.
Print this story
Read comments and discuss this story

It’s official.
Jacobs Field will now be called Progressive Field — at least for the next 16 years.
The auto insurance company purchased the naming rights for the 14-year-old baseball complex for $3.6 million a year.
The downtown ballpark, has been known as Jacobs Field since it opened in 1994, but will be rebranded for the 2008 season, the Indians said Friday.
Progressive Corp., based in the Cleveland suburb of Mayfield Village, is the nation`s third biggest auto insurer, ranking behind State Farm and Allstate.
Former team owner Richard E. Jacobs had held the ballpark`s naming rights, but his contract expired at the end of the 2006 season.


Print this story
Report an inappropriate comment

In order to comment, you must agree to our user agreement and discussion guidelines.

Need help? Email Us.