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Media & Entertainment Law
: Sports BizAnheuser-Busch and NFL in $1Billion Deal to Replace Coors
Well, it appears that this time, the companies were telling the truth. Anheuser-Busch and the NFL are preparing to announce a $1billion (yes, with a "B") deal for Bud Light to replace Coors Light as the official beer sponsor of the NFL. It will be a six year deal beginning in 2011. Even though Coors Light has had official sponsorship since 2002, Budweiser has held official sponsorship of the Super Bowl for the last 22 years. Prior to 2002, Budweiser shared sponsorship of the league with Miller, but that changed in 2002 when sponsorship became an exclusive and Miller won the original exclusive bidding.
Full post as published by Sports Biz on May 05, 2010 (boomark / email).
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