If you have followed along with the University of Phoenix saga, the news today should come as no surprise.
The University has come under much scrutiny over the past several years, yet the Arizona Cardinals have not seemed to have dealt with much blow back because of it.
In fact, it sounds like they may benefit from the fledgling University pulling out of the naming rights, from Craig Harris of the Arizona Republic:
Apollo Education Group, parent of the University of Phoenix, has been hit with declining enrollment, regulatory scrutiny and widespread layoffs. The contract had called for University of Phoenix to pay the NFL team $154.5 million over two decades, an average of $7.7 million annually. A new deal likely could double those annual payments to the Cardinals, according to a NFL marketing expert.
The Cardinals and the University were only seven seasons into their deal, so this could be a nice boost to the team financially.
Also, it will be nice not to see the stadium named after a college that is the butt of many a jokes.
What are you hoping to see as the new name of the stadium?