Orange Bowl, Dolphins Stadium reach agreement

Updated: December 29, 2005, 5:54 PM ET
Associated Press

MIAMI -- The Orange Bowl and Dolphins Stadium announced an agreement Thursday that will keep the game in its current home through at least 2014.

The eight-year deal begins in 2007. The agreement includes a four-year option requiring both parties to accept an extension.

The current contract expires after Tuesday's game between Penn State and Florida State.

"This agreement was essential in keeping the Orange Bowl Committee as a major player within the bowl system,'' said Keith Tribble, the committee's chief executive officer.

The agreement is an equal partnership between the committee and the stadium to share revenue from staging the game. The stadium, home of the Miami Dolphins, played host to the Orange Bowl for the first time in 1996.

The game is sponsored by FedEx.

Copyright 2005 by The Associated Press