• Loading stock data...
Thursday, May 16, 2024

LAFC Secures Record $100M Naming Rights Deal

  • Banc of California was the previous naming rights holder to the team's home stadium.
  • The facility will be renamed BMO Stadium.
LAFC

An MLS expansion team has secured the largest naming rights deal ever for a soccer-specific stadium in the U.S. 

Los Angeles Football Club has agreed to a 10-year, $100 million naming rights deal with Bank of Montreal for the team’s home field in Exposition Park. The 22,000-seat facility — which opened in 2018 at a price tag of $350 million — is also home to the NWSL’s Angel City FC

  • Banc of California was the previous naming rights holder to the stadium. 
  • The facility will be renamed BMO Stadium
  • BMO is also the naming rightsholder to Toronto FC’s home stadium, BMO Field

In addition to securing naming rights, BMO has become a founding partner in Angel City.

The expansion club’s founding owners include actress Natalie Portman, a group of former USWNT stars, and lead investor Alexis Ohanian.

Angel City will continue to bring soccer fans to BMO Stadium. 

In September 2022, the club faced the San Diego Wave and set the attendance record for an NWSL game with a sellout crowd of 32,000 at Snapdragon Stadium, which opened last year.

The Biggest NWSL Match Ever

The game between San Diego Wave and Angel City is sold out.
September 6, 2022

Let’s Make Another Deal

Earlier this week, the Houston Dynamo and the Houston Dash secured a new stadium naming rights deal with Shell Energy for an undisclosed amount. 

Shell Energy Stadium opened in 2012 with costs that reached $95 million.

As part of the pact, the Dynamo and Shell will integrate renewable energy sources at the 22,000-seat facility, including rooftop solar panels and electric vehicle charging stations.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NFL’s Christmas Shake-Up: Netflix and Amazon Will Take It Over in ’25

This is the new-age NFL, where anything goes, if the price is right.

Is There a Sneakerhead Culture for Soccer Jerseys? PE Firm Thinks So

The Chernin Group invests $38.5 million in a U.K.-based seller of vintage jerseys.

NFL’s Schedule Points to Network Strategies: Chiefs Lead, Texans Rise

The two-time defending champions are a fixture across many of the league’s tentpole events.
Jaguars rendering 2024

Jags’ Latest Stadium Plan: $1.4B in Upgrades, Relocate for ’27 Season

The NFL team and Jacksonville mayor Donna Deegan presented a new stadium renovation agreement.
podcast thumbnail mobile
Front Office Sports Today

Fractured Golf World Unites at PGA Championship

0:00

Featured Today

The WNBA Was Forged in Houston. Why Won’t It Go Back There?

Houston’s a perfect fit for expansion. The league isn’t considering it yet.
May 9, 2024; Indianapolis, IN, USA; Indiana Fever guard Caitlin Clark (22) stands with the team during the national anthem on Thursday, May 9, 2024, during the preseason game against the Atlanta Dream at Gainbridge Fieldhouse in Indianapolis.
May 12, 2024

‘Perfect Storm’: The Rise of Local WNBA Broadcast Pacts

With national attention reaching new heights, regional coverage could dictate the future.
Mar 29, 2023; New York, New York, USA; American actors and comedians Chris Rock (left) and Ben Stiller sit court side during the third quarter between the New York Knicks and the Miami Heat at Madison Square Garden.
May 11, 2024

The Haves and Have-Nots: How the Knicks’ Celebrity Row Works

Unwritten rules, an expectation of quid pro quo, and nothing is free.
May 6, 2023; Miami Gardens, Florida, USA; Red Bull driver Max Verstappen (1) of the Netherlands walks through the garage area following qualifying for the Miami Grand Prix at Miami International Autodrome.
May 5, 2024

Max Verstappen Is Unstoppable. Is That Hurting F1 With New American Fans?

Formula One could be facing an inevitable plateau in the United States.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

How an ‘Extremely, Extremely Rare’ Contract Created the Villanova Knicks

Josh Hart’s second contract was unique in its structure, his agent and an expert say.
April 23, 2024

Caitlin Clark’s Nike Deal Reportedly Worth $28 Million Over Eight Years

The deal would become the largest for a women’s basketball player.
May 6, 2024

Potential Everton Buyer Accused of Enormous Fraud in Lawsuit

Miami-based 777 Partners faces its biggest legal blow yet.
Sponsored

Major League Rugby’s Vision for American Rugby

How Major League Rugby is leading the Rugby renaissance in the U.S.
April 22, 2024

Apple Reportedly Close To Winning Broadcast Rights for Club World Cup

Apple’s deal would be FIFA’s first single worldwide broadcast contract.
April 19, 2024

Memphis and FedEx Strike Unique Corporate NIL Deal For $25 Million

The logistics company has a long-standing relationship with the university.
April 18, 2024

NBA Media Rights Likely Headed for Open Market Next Week

The league is reportedly letting Monday’s deadline pass without a deal.
April 18, 2024

Caitlin Clark ‘Nearing’ $20 Million-Plus Nike Deal: Report

Clark had an NIL deal with Nike at Iowa as well.