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UNM Receives $1 Million In Naming Rights Deal

on May 5, 2017 - 3:45pm
Larry Chaves, CEO of Dreamstlye Remodeling, and family hand a ceremonial check of $1 Million to UNM President Chaouki Abdalla, AD Paul Krebs and Football Coach Bob Davie. Photo by RJ Montano/
Larry Chavez, CEO of Dreamstyle Remodeling hands a $1 million check to UNM AD Paul Krebs as Football Coach Bob Davie looks on. Photo by RJ Montano/
By RJ Montaño
Sports Editor, Los Alamos Daily Post
ALBUQUERQUE — Larry Chavez, born in Springer N.M. and raised in Albuquerque, had a “dream come true” as he called it when his company, Dreamstyle Remodeling, was selected as the new naming rights sponsor of the University of New Mexico football and basketball facilities in front of a full house including UNM acting President Chaouki Abdallah and Lobo Football coach Bob Davie.
“It’s a dream come true… I’m certainly a Lobo in the heart and soul,” said Chavez during the introductory press conference where Dreamstyle Remodeling handed UNM a one million dollar check to kick off the partnership.
“I want to congratulate you, Larry Chavez, on what really is a lifetime achievement,” said Lobo Football coach Bob Davie.
The naming rights are for the football and basketball facilities only, which will now be called Dreamstyle Stadium and Dreamstyle Arena, The Pit. In the deal, UNM Athletics will receive $9 million over 10 years, with another $1 million that will be split among the UNM Children’s Hospital, Popejoy Hall, and UNM’s Anderson School of Business.
Vice President of Athletics Paul Krebs was also in attendance.
“The contract is through Learfield Sports, not UNM or the UNM Foundation,” Krebs said.
Krebs – who has recently come under fire for the handling of former basketball coach Craig Neal’s firing, the hiring of Paul Weir from New Mexico State, and a University-
funded trip to Scotland for a golf outing with big money donors – accepted the ceremonial one million dollar check with President Abdallah and Coach Davie from Chavez and his family.
Chavez, a life long Lobo fan told a story of when he snuck into the first game ever played at University Stadium to watch the Lobos.
He would later work in concessions for UNM walking up and down the isles during games selling sodas said, “I thank you, the state of New Mexico. The athletic department is important to the university, and the university is important to the community… We wouldn’t be here without the 60,000 customers we have.”