University Enrolls Cardinals Stadium

The University of Phoenix has paid $154.5 million for 20-year naming rights to the new Arizona Cardinals Stadium.

The University of Phoenix Stadium was unveiled September 26th outside the $455 million stadium in suburban Phoenix.

The deal surpasses the recent $121.5 million agreement between Lucas Oil Products and the Indianapolis Colts.

The university is the largest private one in the U.S., operating in 39 states with 323,000 students.