The stadium replaced the obsolete on-campus Riddick Stadium and was originally named Carter Stadium, in honor of Harry C. & Wilbert J. "Nick" Carter, both graduates of the university. They were major contributors to the original building of the stadium. The name of Albert E. Finley, another major contributor to the University, was added in 1978. While located on University land, the stadium is a few miles to the west of the academic campus on Trinity Road, just off of Hillsborough Street. Carter–Finley Stadium's season tickets have been sold out for nine straight years.