: New York Jets, New York Giants Naming rights cost
: $400 million Deal term
: 20 years Starting date
Metlife Stadium opened in 2010 in East Rutherford, N.J., immediately next to the stadium it replaced, Giants Stadium. Like its predecessor, the building has the distinction of being the only sporting venue to host two NFL teams at the same time. The New York Giants and the New York Jets both play there, meaning there is a game virtually every week. Both teams are popular and highly successful in one of the biggest markets in professional sports, with the Giants winning the Super Bowl in 2008, and the Jets making it to the AFC championship game each of the past two years. It took more than a full year after the stadium — originally called New Meadowlands Stadium — opened and several failed deals before Metlife (NYSE: MET) secured the record-tying $400 million, 20-year naming rights. Last year, it was announced that Super Bowl XLVIII will be held at MetLife Stadium in 2014.
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