• Loading stock data...
Saturday, December 14, 2024

LAFC Owners Join City Leaders To Unwrap State-of-the-Art Banc Of California Stadium In Los Angeles

LAFC ownership (Photo by LAFC)

LAFC Ownership (Photo by LAFC)

The Los Angeles Football Club (LAFC) made history once again, “unwrapping” for the city and world the new, state-of-the-art Banc of California Stadium at an event on April 18th.

Together with supporters, city and county leaders and representatives from Major League Soccer, LAFC owners spoke to the L.A. community.

Located in Exposition Park, Banc of California Stadium brings more than $350 million in private investments to South Los Angeles. The stadium was designed by leading architect Gensler Sports.

In addition to the 22,000-seat stadium, the project includes a district that will serve as a sport, entertainment, civic and cultural landmark for Los Angeles, featuring a large public plaza, restaurants, LAFC retail store and a conference and events center that will be active 365-days of the year.

“Los Angeles is where championship dreams blossom into iconic superstars and legendary teams. That journey begins today for LAFC,” said Los Angeles Mayor Eric Garcetti. “I’m proud to welcome our new team to this spectacular new stadium, where Angelenos can be a part of the next chapter in MLS history.”  

Los Angeles Mayor Eric Garcetti, Supervisor Mark Ridley-Thomas, Councilmember Curren Price, and Council President Herb Wesson were first to speak. Joining them was MLS Commissioner Don Garber and LAFC ownership, including co-owners Earvin “Magic” Johnson, two-time Olympic gold medalist Mia Hamm Garciaparra, former Major League Baseball All-Star Nomar Garciaparra, entertainment and sports leader Peter Guber. Additionally, LAFC lead managing owner Larry Berg, co-managing owners Bennett Rosenthal and Brandon Beck, and LAFC President Tom Penn all spoke in celebrating the landmark occasion.

Field Level (Photo by LAFC)

“It is an honor to unveil this world-class stadium to the Los Angeles community,” said LAFC lead managing owner Larry Berg. “This project is not only about providing our fans and supporters a state-of-the-art venue to watch soccer in the heart of Los Angeles, but this is about our Club’s commitment to investing in and elevating our entire city.”

Banc of California Stadium is built in an area rich in Los Angeles sports history, sitting adjacent to the Los Angeles Memorial Coliseum, home of the 1932 and 1984 Olympics, USC Trojans football and the temporary home of the Los Angeles Rams.

“It’s been incredibly exciting for me and my constituents to drive past Expo Park and see this marvelous soccer stadium rise from the rubble,” said Councilman Curren Price, who represents District 9 that includes Banc of California Stadium and other major developments and investments in the area. “This is a defining moment in the history of South Los Angeles, and now it’s finally here. Banc of California Stadium will be a critical piece of the local economy and is a representation of the promising future of our community.”

State-of-the-Art Scoreboards (Photo by LAFC)

Banc of California Stadium will host a variety of community, entertainment and cultural events in addition to soccer matches. In 2028, the stadium is slated to serve as a participating site in the Los Angeles Olympics.

“I am honored to support and celebrate LAFC’s commitment to Los Angeles,” said Supervisor Mark Ridley-Thomas, a member of the LA Coliseum Commission. “This magnificent Banc of California Stadium will do more than provide a new state-of-the-art place to play soccer, it will bring thousands of jobs and economic opportunity to the surrounding community and beyond, furthering the transformation already taking place in this region.”

The stadium took a total of 20 months of construction, and produced over 3,000 total jobs, with 40% of those locally hired workers from the surrounding community.

“Thank you to the hundreds of workers who spent countless hours, seven days a week to ensure our new LAFC home was completed,” said LAFC co-owner Earvin “Magic” Johnson. “Now we have a state-of-the-art stadium for our amazing fans in South Los Angeles as the first step to building a winning franchise. These are exciting times for MLS expansion in Los Angeles.”

The first home match takes place Sunday, April 29th versus the Seattle Sounders. (Photo by LAFC)

Never one to shy away from guarantees, Magic provided the golden touch.

“Just like we were able to turn the Lakers into a championship team, we are going to do the same thing with this great soccer team. We will be champions one day,” Johnson proclaimed.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

The Top-Secret Operation to Create the Army-Navy Football Uniforms

The two-year process includes dozens of employees, NDAs, and military historians.

Manchester City Is a Mess. It’s Still Breaking Revenue Records

As on-field losses mount, the Premier League giant reports record revenue.
Nov 3, 2024; Harrison, New Jersey, USA; New York Red Bulls midfielder Lewis Morgan (9) heads a ball during the first half against the Columbus Crew in a 2024 MLS Cup Playoffs Round One match at Red Bull Arena.

MLS Team to Play in ‘Sports Illustrated Stadium’ in $100M Naming Deal

It’s a partnership with a sister ticketing platform company, not the magazine.
FIFA

Saudis Awarded 2034 World Cup in Uncontested Vote

Saudi Arabia was the only option after Australia decided not to bid.

Featured Today

Nov 2, 2024; Denver, Colorado, USA; Detailed view of a Wilson NBA basketball held by a referee during the second half between the Utah Jazz against the Denver Nuggets at Ball Arena

‘Obvious Weak Point’: Refs Remain an NBA Gambling Concern

A season after Jontay Porter, the biggest risk may not be players.
Nov 2, 2024; Ann Arbor, Michigan, USA; Michigan Wolverines cheerleader runs with a flag before the game against the Oregon Ducks at Michigan Stadium.
opinion
December 7, 2024

College Football’s Billionaire Backer Era Begins

Is this the new normal in CFB recruiting?
LA Galaxy forward Dejan Joveljic (9) celebrates with midfielder Riqui Puig (10) after scoring a goal against Seattle Sounders FC in the second half in the 2024 MLS Cup Western Conference Final match at Dignity Health Sports Park
December 6, 2024

With or Without Messi, Major League Soccer Is Barreling Into the Future

After the Cup final, the league looks to accelerate its growth.
Dec 18, 2022; Lusail, Qatar; FIFA president Gianni Infantino claps during the awards ceremony after the 2022 World Cup final between Argentina and France at Lusail Stadium.
December 2, 2024

FIFA Wants More Matches. Resistance Is Growing Inside the Global Soccer World

Resentment and frustration over expanded schedules is nearing a breaking point.
The stands at the Solheim Cup

LPGA Apologizes for Solheim Cup Fan Bus Debacle That Left Stands Half-Empty

The USA-Europe women’s team golf event teed off Friday morning.
October 3, 2022

Real Madrid President Renews Call for Super League

Real Madrid’s president believes that soccer is losing ground.
May 20, 2024

Top Sports Business Jobs This Week (May 2024)

Each week, our staff combs through the thousands of job listings from…
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
August 10, 2022

PGA Tour Touts Projected Earnings to Keep Players

The PGA Tour is asking its players to consider their potential futures.
August 10, 2022

Bayern Munich to Make Growth Push in U.S. Market

Bayern Munich is looking to expand its reach in the U.S.
Nintendo-logo
August 3, 2022

Nintendo Profits Underwhelm, Switch Sales Decline

Nintendo failed to meet expectations in the company’s latest earnings report.
manfred_at_microphone
August 19, 2021

MLB Owners Propose $100M Salary Floor

Major League Baseball owners have proposed a $100 million payroll minimum for MLB’s 30 teams and a lower luxury tax threshold.