Sun Life Financial's five-year naming rights expired after last season's Orange Bowl.
The Miami Dolphins have signed a long-term naming rights deal with Hard Rock International for their 30-year-old stadium in South Florida. The Fish will now play in Hard Rock Stadium, the Sun-Sentinel reported.
Slater said an official announcement is expected to be made Wednesday.
Over the past two years the Miami Dolphins home stadium has been undergoing a massive renovation. It opened as Joe Robbie Stadium (1987-95) at a cost of $115 million.
Sources tell NBC 6 the Dolphins had contact with more than 50 companies regarding naming rights, then came to terms with Hard Rock.
With entertainer Pitbull joining the likes of Dan Marino, Bernie Kosar, UM athletic director Blake James and Dolphins' president Tom Garfinkel, Hard Rock Stadium was christened with the smashing of guitars on a stage set up on the newly planted grass.
The Hurricanes open their season at home on September 3 against Florida A&M.
The Dolphins open the 2016 National Football League season with a pair of road games against the Seattle Seahawks and New England Patriots.
Hard Rock International, an Orlando-based company founded in 1971, owns and operates restaurants, hotels and casinos in North America (including Seminole Hard Rock Hotel and Casino in Hollywood), as well as the Caribbean and Central America, Europe, the Middle East, Africa, and the Asia Pacific.