Reliant energy scores big in Texas

by admin on October 25, 2010

Like pretty much everything in the state of Texas, the gas and energy industries are huge, and that shows when it comes to the naming rights of Houston’s professional sports franchises.

Oil refineries are all around the Houston area, which explains why its former team was called the Oilers.

Then there are the state-of-the-art facilities.

MLB’s Astros, shared the Astro Dome with the Oilers until the Oilers moved to Tennessee and became the Titans, leaving the Astros the only organization left to play in the old dome.

Although they didn’t change cities, the Astros eventually moved as well.

Enron EnergyIn April of 1999, Enron Corporation, a Houston, Texas based electric company, agreed to pay over $100 million over a 30-year period for the naming rights for the Astros new ballpark.

In 2001, after being named Enron Field for two years, Enron became the largest corporation in history to go bankrupt, and the Astros bought back the naming rights of the stadium. They eventually sold the rights for the next 28 years to Minute Company, another Houston-based company.

In 2002, the Houston Texans replaced the Oilers as Houston’s NFL team.

Another energy company, Reliant Energy bought the naming rights, as Reliant Park now includes the Texans’ home stadium, Reliant Stadium as well as the Oilers and Astros former home, now name the Reliant Astrodome, Reliant Arena and the Reliant Center.

Reliant Stadium is the only NFL stadium with a retractable roof and natural grass field.

It would have been a dumb move for Reliant to not take the opportunity of buying the naming rights considering the influence of gas and electricity in companies have in the Houston area.

The demands of electric rates in Houston, Texas are high, and regardless of what company people think offer the best service, Reliant is one football fans across the country one soon forget.

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