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I'm not sure if you are aware of this, but since July 15th - the New Orleans Superdome (also known as the home of our New Orleans Saints) hasn't had a name.  Sure, it's still the Superdome - but it is no longer the Mercedes-Benz Superdome.

That's because we traded in this:

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For this:

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The next time you make the drive down to the Big Easy in order to catch a Saints game - you'll be sitting in the Caesars Superdome.

The deal to acquire the naming rights of this incredible sports facility for the next 20 years reportedly weighs in at an impressive $138 million.  According to NOLA.com, this agreement ushers in a new era in sports sponsorships as Caesars will be the first casino with naming rights to an NFL stadium.

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If you're wondering if I forgot about the Hard Rock Stadium in Miami - I didn't.  Even though their name was plastered on the home of the Dolphins, there's no mention of gambling anywhere.  As a condition of the deal in Florida, Hard Rock couldn't mention their casino at all in signage or announcements.  Caesar's deal reportedly has no restrictions of that sort.

That $138 million chunk of change Caesar's is forking over to the Saints will reportedly be used to help fund a multi-year, $450 million renovation project for the aging facility.

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Technically, the finer details are still being worked out.  However, since the Louisiana Joint Legislative Committee on the Budget approved the deal - it's basically just paperwork at this point.

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