According to fauowlaccess.com, a deal struck Tuesday between Florida Atlantic University and The Geo Group leaves the University with $6 million and their football stadium with a new name–one that links it to prison.
The GEO Group agreed to a deal with the University that gives the athletics department $500,000 for the next 12 years in return for the stadium to be named Geo Group Stadium for that allotted time.
The story, however, falls in with the nature of the Geo Group’s business. The Group proclaims themselves as the world’s leading provider of correctional, detention, and community reentry services.
FAU’s Board of Trustees erupted in applause, however, when the deal was approved at Tuesday’s meeting, fauowlaccess.com reports. A few hours later FAU Athletic Director Pat Chun called it “a landmark day for our athletic program,” they said.
The fauowlaccess.com story says also says GEO Group CEO George Zoley, holds two degrees from FAU.