Chiefs decide to sell Arrowhead Stadium naming rights

Published: Aug 28, 2008 at 02:11 PM

KANSAS CITY, Mo. -- The Kansas City Chiefs have decided to sell naming rights to Arrowhead Stadium.

Arrowhead, built in 1972, has a capacity of almost 79,500 and is the third-largest stadium in the NFL. It's undergoing a $375 million renovation projected for completion in 2010.

The Chiefs announced Thursday they have entered into an agreement with the sports and entertainment company IMG to find a naming rights holder.

For almost 20 years, Arrowhead has been among the top three stadiums in home attendance, with sellouts in 141 consecutive games.

The Chiefs also said IMG will manage a Kansas City-based sales and marketing team.

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