For the past six years, Florida Tech has paid $20,000 annually for the naming rights of the Florida Tech Panther Stadium located at Palm Bay Magnet High School, according to records from Brevard Public Schools.
Russell Bruhn, chief strategic communications officer for Brevard Public Schools, said in an emailed statement that Florida Tech approached the school district about naming rights and stadium usage for the football team. Florida Techâs football program was eliminated in 2020.
The naming rights agreement, which is renewed every three years, goes back to 2015. It was last renewed in 2019.
âThe contract has one more guaranteed year. The final two years are option years for FIT,â Bruhn wrote.