Summary Box: Discover Financial signs on as new sponsor of Orange Bowl

By AP
Thursday, August 26, 2010

Summary Box: Discover to sponsor Orange Bowl

NEW SPONSOR: Discover Financial Services signed on to be the sponsor of the Orange Bowl for 2011 to 2014.

BACKGROUND: The company replaces FedEx Corp. as sponsor of the college football game. FedEx was the longest running sponsor of a bowl game at 21 years.

WHY THE CHANGE: ESPN is taking over coverage rights of the championship bowl game series from Fox Sports. That meant sponsorship deals came up for renewal.

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