>

Houston Astros to Rename Minute Maid Park in Megadeal

Houston Astros to Rename Minute Maid Park

A Naming Rights Agreement With a Major Energy Firm Is Expected to be Announced Soon

The Houston Astros are in advanced talks to rename Minute Maid Park as part of a long-term naming rights agreement with a major energy firm based in Houston.

A Big Payday for the Astros

The deal is expected to be worth a record $200 million over 20 years, dwarfing the Astros' current $5.8 million annual agreement with Minute Maid. It would also make it the richest naming rights contract in Major League Baseball, surpassing the $161 million deal between the Los Angeles Dodgers and Bank of America for naming rights to Dodger Stadium.

Astros Lock in Long-Term Revenue

The Astros have been seeking a new naming rights partner for several years, and a deal with an energy company would provide much-needed financial stability. The team has struggled financially in recent years, and a new naming rights deal would provide a significant boost to its bottom line.

Minute Maid's Long Run in Houston

Minute Maid has been the naming rights partner for the Astros' ballpark since it opened in 2000. The company's parent company, The Coca-Cola Company, has been a major sponsor of the Astros for decades and is expected to remain a partner of the team even after the naming rights deal expires.

The Astros' New Home Field Name

The name of the Astros' ballpark is expected to change to reflect the new naming rights partner. According to sources, the front-runner is Constellation Field, referring to the new partner, Constellation Energy.

A New Era for Astros Baseball

The renaming of Minute Maid Park would mark a new era for Astros baseball. The team has struggled in recent years, both on and off the field. But a new naming rights deal would provide a much-needed financial boost, and a new ballpark name would symbolize a fresh start for the franchise.