Gatorade was invented in 1965 by doctors at the University of Florida to prevent dehydration in football players. It was developed as a carbohydrate-electrolyte beverage to replace fluids. Stokely Van Camp bought the rights to Gatorade in 1967. In 1983, Quaker Oats bought Gatorade for $220 million. In 2001, PepsiCo bought Quaker Oats, acquiring ownership of Gatorade. Gatorade is strongly associated with football and is prominently featured at NFL games. It has endorsed several famous athletes, helping to grow its dominance in the sports drink market.