Tennessee announced on Tuesday a long-term deal with travel-center giant Pilot that will preserve the names of Neyland Stadium and Shields-Watkins Field while giving the Knoxville-based company prominent signage throughout the stadium, including on the playing surface.
Financial terms of the agreement were not disclosed, but it will initially be for up to 20 years with the possibility of extensions, the school and company said.
The deal comes as schools that play big-time college sports search for new revenue streams to address rising costs, including more money than ever going directly to athletes.
Tennessee athletic director Danny White said the partnership could be described as a naming rights deal without a name change, protecting the traditional name of Tennessee's 101,915-seat stadium.
White said conversations with Pilot CEO Adam Wright and his team about a branding deal started more than a year ago, well before the NCAA tweaked its rules to allow schools to put sponsored branding on playing surfaces.
''There's always been a rule that a stadium-naming agreement allows for corporate branding in the stadium, on the field,'' White said. ''And we structured this in a way where we knew from the onset that changing the name of Neyland Stadium or Shields-Watkins Field was never an option. It's way too iconic of a building.''
Pilot and the University of Tennessee have a long history. Cleveland Browns owner Jimmy Haslam, a Tennessee alum, is the former CEO of the company as well as a longtime supporter of Volunteers athletics. Haslam's father, Jim, played football at Tennessee for Gen. Robert Neyland, the coach whose name is on the stadium, and founded Pilot.
Pilot will be designated as the presenting partner of the $337 million Neyland Stadium renovation project. That includes new signage on the east side of the stadium with ''Home of the Vols'' along with the company's logo, and Pilot convenience shop in the concourse selling snacks and beverages.