Albertson’s LLC has committed $12.5 million over 15 years to Boise State University for the naming rights to the school’s famous stadium. The agreement secures Albertsons Stadium through 2028, subject to approval by the Idaho State Board of Education on June 18. This is a first for both Boise State’s stadium and for Albertsons.

“Since the 1930s, when Boise State and Albertsons each began just a couple of miles away from each other, the two institutions have shared a passion for the community and for improving opportunities in higher education,” Boise State President Bob Kustra said. “It’s appropriate that in the year we celebrate the anniversary of the Albertsons Library, we announce this new partnership that also will benefit Boise State students for many years to come.”
Boise State Director of Athletics Mark Coyle said the money from this naming agreement will come in over the life of the contract and will help the athletic department provide a first-class experience for the over 400 Bronco student-athletes.

The deal will make Albertsons the most prominent sponsor at the stadium. The transformation will be complete before the first home game in 2014. A final stadium logo and signage plan will be released this summer.