Link:
http://www.post-gazette.com/sports/...ge-Stadium-naming-rights/stories/201810170116
The Peters Township Indians will have a clear edge when they play on their home turf.
School directors on Oct. 15 voted to sell the naming rights to the high school stadium to Quadrant Biosciences, which will pay the district $10,000 per year for the next three years.
The stadium will be known as “ClearEdge Stadium,” named for a subsidiary of Quadrant Biosciences. The company, headquartered in Syracuse, N.Y., is a bioscience firm that is involved in research and assessment of concussions, Autism Spectrum Disorder and Parkinson’s Disease.
The school board also approved a naming rights agreement with Allegheny Health Network for the gymnasium at the new high school for six years at $15,000 per year. The new building, being constructed on part of the former Rolling Hills Country Club, is set to open for the 2020-21 school year.
The $15,000 rate may be paid as an annual credit to the district’s sports medicine agreement with Allegheny Health Network, which was also approved at the Oct. 15 meeting. School directors vote to enter into a sports medicine agreement for a six-year term at an initial cost of $42,500 plus 1 percent increases per subsequent years.
Both the agreements for the stadium and for the gymnasium will be reviewed by the district’s solicitor before being executed.
The fundraising committee is set to meet at 6:30 p.m. Nov. 6 to further discuss the details of the naming rights.
District spokesperson Shelly Belcher said the board a few months ago created a fund-raising committee to explore selling naming rights to district facilities.
A formal agreement for the stadium will be completed by Jan. 1, 2019.
Deana Carpenter, freelance writer: suburbanliving@post-gazette.com.
http://www.post-gazette.com/sports/...ge-Stadium-naming-rights/stories/201810170116
The Peters Township Indians will have a clear edge when they play on their home turf.
School directors on Oct. 15 voted to sell the naming rights to the high school stadium to Quadrant Biosciences, which will pay the district $10,000 per year for the next three years.
The stadium will be known as “ClearEdge Stadium,” named for a subsidiary of Quadrant Biosciences. The company, headquartered in Syracuse, N.Y., is a bioscience firm that is involved in research and assessment of concussions, Autism Spectrum Disorder and Parkinson’s Disease.
The school board also approved a naming rights agreement with Allegheny Health Network for the gymnasium at the new high school for six years at $15,000 per year. The new building, being constructed on part of the former Rolling Hills Country Club, is set to open for the 2020-21 school year.
The $15,000 rate may be paid as an annual credit to the district’s sports medicine agreement with Allegheny Health Network, which was also approved at the Oct. 15 meeting. School directors vote to enter into a sports medicine agreement for a six-year term at an initial cost of $42,500 plus 1 percent increases per subsequent years.
Both the agreements for the stadium and for the gymnasium will be reviewed by the district’s solicitor before being executed.
The fundraising committee is set to meet at 6:30 p.m. Nov. 6 to further discuss the details of the naming rights.
District spokesperson Shelly Belcher said the board a few months ago created a fund-raising committee to explore selling naming rights to district facilities.
A formal agreement for the stadium will be completed by Jan. 1, 2019.
Deana Carpenter, freelance writer: suburbanliving@post-gazette.com.
