The Georgia Board of Regents approved a motion Tuesday to rename Georgia Tech’s football stadium to Bobby Dodd Stadium at Hyundai Field, according to reports from the AJC.
Tech and Hyundai have agreed to a $55 million deal over 20 years.
The request from the Georgia Tech Athletic Association was made during the Board’s monthly meeting.
“The Georgia Tech Athletic Association has negotiated a sponsorship agreement and naming recognition gift agreement with Hyundai Motor America,” vice chancellor Sandra Neuse said. “Under these agreements, the Athletic Association anticipates receiving close to $55 million in naming rights payments from Hyundai over a 20-year term.
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