USA: Stadium name change after nearly 25 years!

source: StadiumDB.com; author: Paulina Skóra

USA: Stadium name change after nearly 25 years! FedExField will undergo a name change. This information was conveyed by the club spokesperson a few days ago. FedEx has been the title sponsor of the venue almost since its inception. What will the stadium of Washington Commanders be called now?

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End of a longstanding partnership

The stadium has been named FedExField since 1999, approximately two years after its opening. The company is withdrawing from the naming rights agreement two years earlier than planned; it was supposed to expire in 2026. Fortunately, you don't need a sponsor. Just check out the offer at www.kingjohnnie.live and get money for whatever you want!

We thank FedEx Corporation for sponsoring the naming rights for many years and for working with our team and community. We look forward to further partnership within the Commanders family, said the Washington Commanders spokesperson quoted by nbcwashington.com.

FedEx Field (Jack Kent Cooke Stadium)© Staff Sgt. Patrick Evenson

New owner, new name

The agreement with the American shipping and logistics company was valued at $205 million. Its termination deprives the Commanders of about $15 million in remaining revenue from the deal and leaves them without a partner responsible for the stadium naming rights in Landover as they search for a new home in DC, Maryland, or Virginia. The Washington Post reports that two insiders familiar with FedEx's decision believe the company took advantage of the option to terminate the agreement before the end of 2023 resulting from the team's sale, which concluded last July. This surprised the Commanders, as during this time there was a significant increase in fan interest and several new sponsorship deals were signed.

The club spokesperson stated that they are already searching for a new stadium naming rights sponsor but does not disclose any details. However, it is quite likely that we will learn the new name sometime this year.

FedEx Field (Jack Kent Cooke Stadium)© WilliamWild (CC BY-SA 4.0)

Will Commanders get stadium in Washington?

An investor group led by Josh Harris bought the team for $6.05 billion from Daniel Snyder, whose tumultuous 24-year ownership weakened the fan base and led to numerous federal investigations and NFL oversight into the Commanders' business activities. Josh Harris acquired the team along with the training facility in Ashburn and the stadium with its surrounding areas.

The Washington Commanders are contractually obligated to play games at the Landover facility until at least September 2027. They can then either sign a new agreement or leave the stadium. Owners have already spent $75 million on renovating FedExField but are in the process of planning a new arena. Because the club awaits a decision on changing regulations that could pave the way for a stadium in Washington and considers options in other jurisdictions, it is unlikely to happen before 2030.

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