"As a company, we embrace family values and the Sports Park had 250,000 people using the facilities last year - most of them were kids playing sport, supported by their parents. It's a vibrant place and we are very pleased to have played our part."
Sponsorship support is an important factor in keeping the cost to use the facilities at an affordable level.
Sports Park chief executive Jock Mackintosh said: "Cost is a barrier to partaking in sport so we need to keep fees low. We can only achieve this with financial support from sponsors like Higgins."
Mr Mackintosh said the funding was important for general operations at the park.
"The existing facilities were completed back in 2011 and we are now starting to run into repairs and maintenance-type expenditure, so it's important we can do this work before it becomes a real issue."