While the NFL tries to settle labor issues with its players, that hasn’t stopped some teams from conducting big business.
According to Sports Business Journal, MetLife is in “advance discussions” for naming rights for the New Meadowlands Stadium. MetLife already had a corner sponsorship at the stadium.
New Meadowlands Stadium is the home for the New York Giants and New York Jets.
According to the report, the naming-rights deal could average between $17 million and $18 million per year. MetLife is currently paying about $7 million a year for its current sponsorship.
In other league business news, Sports Business Journal reports the NFL is negotiating a new early-season eight-game television package with TV networks.
According to the report, the package, believed to be for Thursday evenings, could be worth as much as $700 million.