by Conor Wight
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Carrier previously held the naming rights for 42 years - paying $2.5 million in an agreement with the university in 1979, one of the first of its kind.
Syracuse University has spent years trying to renegotiate the "in perpetuity" part of the deal, which in legal terms means "forever." While the naming deal was unique at the time, they are commonplace now, and can cost tens of millions of dollars.
SU and Carrier now have a settlement over the naming rights, and the Carrier name will be dropped and replaced with JMA Wireless, according to reporting from Eben Nov-Williams at Sportico, which has not been confirmed by SU.
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