The new home of the Real Salt Lake soccer team will be known as Rio Tinto Stadium, under the terms of a naming-rights deal with the world's largest coal-mining company that is set to be announced at a press conference Monday.
The Rio Tinto Group, the multi-billion-dollar mining conglomerate that owns Kennecott Utah Copper and the sprawling Daybreak housing development in South Jordan, will pay between $1.5 million and $2 million annually for 15 years under terms of the deal, sources said.
Team spokesman Trey FitzGerald declined to comment.
The deal confirms speculation in online soccer forums that Rio Tinto would acquire the naming rights of the Sandy stadium - one post noted that RSL had registered to acquire two Web addresses related to the stadium name - and fills in the long-awaited final blank in advance of the stadium opening Oct. 9. That's when RSL will play New York on national television before an expected sellout crowd.
Monday, September 29, 2008
Big Government Field to be called Rio Tinto Stadium