Severe Weather Alert Follow Us On Twitter #KCRGWX

Winter Weather Alert Follow Us On Twitter #KCRGWX

Current Alerts

Current Alerts Click to learn more

X Close

Live Scoreboard

Total Yards:
Passing Yards:
Rushing Yards:

Total Yards:
Passing Yards:
Rushing Yards:

Game Highlights

Scoreboard refreshes every five minutes
Click Here for our Friday Night Lights live stream and game chat

Swipe left and right to view more scores

Scores refresh every five minutes. View more scores

Naming Rights Deal Means Steady Income for Amphitheater

  • Video
  • Photo
Video player is loading
CEDAR RAPIDS, Iowa - The new riverfront amphitheater under construction in downtown Cedar Rapids now has a new name. And that also means a guaranteed stream of income for up to eight years.

The McGrath Automotive Group agreed to pay $75,000 per year for up to five years for naming rights to the new amphitheater. The deal is a guaranteed $375,000 for the city entertainment facility with an option for three more years. The facility would bear the name McGrath Amphitheater, City of Cedar Rapids.

Pat McGrath, of McGrath Automotive, said the family-operated business was proud to be associated with what he called a "family friendly" entertainment venue.

Cedar Rapids Mayor Ron Corbett said multi-year naming rights deals are perhaps even more important than one time donations for civic projects because it's a guaranteed source of income the facility can count on year after year to ease the burden on taxpayers.

The new McGrath Amphitheater is slightly behind original completion plans due to the wet weather this spring. VenuWorks says the facility is likely to have a "soft" opening in September with a limited number of events in 2013. There will be a full slate of entertainment in the spring and summer of 2014.

The Cedar Rapids city council is expected to formally approve the naming rights deal on July 9.

Featured Videos