FAIRBANKS -- BP is teaming up with the University of Alaska Fairbanks to sponsor the Top of the World Classic preseason college basketball tournament.
BP will provide $375,000 over five years to support the tournament, Jeremiah Bartz, UAF's sports information assistant, said Thursday.
"It will help significantly," Bartz said. "It is a huge contribution."
Jim Palmer, vice president of external affairs for BP in Alaska, said the company is proud to sponsor the tournament.
"It's a top-quality event. Our sponsorship is part of an effort to show our long-term partnership with the people of Fairbanks and the University of Alaska."