HighPoint Solutions purchased a long-term lease agreement for the naming rights to Rutgers Stadium. The partnership will be made official tomorrow afternoon at the stadium in a press conference.
NJ.com is reporting the deal is worth $6.5 million over 10 years.
HighPoint Solutions, according to its website, "has rapidly become known as a leader in the internetworking hardware supply industry," based out of Sparta, N.J.
In a time of economic hardship, the naming rights deal with HighPoint will help generate funding for the athletic department, however the financial details of the agreement are not available at this time. The projected name of the stadium is HighPoint Solutions Stadium.
The details will be announced tomorrow at 12:30 and ScarletReport.com will be on-hand with updates and reactions from head coach Greg Schiano and athletic director Tim Pernetti.
Rutgers Partners with HighPoint Solutions
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