Rick Scuteri/Associated Press
The University of Phoenix is seeking to end its 20-year stadium naming-rights sponsorship deal with the Arizona Cardinals with approximately nine years remaining on the contract, according to the Associated Press.
The University and the Cardinals agreed to a $154.5 million deal in 2006, which pays the team $7.7 million per year, per that report.
This article will be updated to provide more information on this story as it becomes available.
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