Florida Atlantic University, like so many other collegiate institutions, agreed to name its football stadium for a company. It’s no ordinary company specializing in financial services or snack foods or something, however. The new corporate sponsor is the GEO Group, which runs private prisons.
According to a piece in the New York Times:
The GEO Group, which is based in Boca Raton, secured the naming rights with a $6 million gift, paid out over 12 years through its charitable arm, the
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