Florida Atlantic University is expected to announce a marketing deal Tuesday with the GEO Group, a private correctional facilities management corporation, according to a report from OwlAccess.com.
The deal would include the naming rights to the school's on-campus stadium.
The report said that GEO Group's CEO George Zoley is an FAU alum.
FAU had been seeking a corporate naming rights sponsor for years, and OwlAccess reported that the agreement was "believed to be valued at around $5 million."
The deal comes with controversy, as GEO Group has paid out millions in fines and penalties as a result of numerous lawsuits. The company formerly operated Walnut Grove Youth Correctional Facility in Mississippi, where a U.S. Department of Justice investigation into abuses concluded that "due to the unconstitutional operation of WGYCF, youth were sexually preyed upon by staff and all too frequently suffered grievous harm, including death."