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No more BOA

Mr. Scot

By Mr. Scot,
in Carolina Panthers

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Squirrel Collaborator

Squirrel

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On 5/1/2023 at 8:42 PM, pantherdad said:

And the Winston-Salem dash also play at truist park as well

Truist HQ is in Winston Salem too. Would oy make sense for them yo take over the naming rights fir Panthers stadium.  

 

But Bojangles is expanding.  They are opening 3 places in the suburbs of Chicago in the next year.  So they might want the naming rights. 

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Squirrel Collaborator

Squirrel

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Just now, Squirrel said:

Truist HQ is in Winston Salem too. Would oy make sense for them yo take over the naming rights fir Panthers stadium.  

 

But Bojangles is expanding.  They are opening 3 places in the suburbs of Chicago in the next year.  So they might want the naming rights. 

Other option is American Airlines. 

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On 5/2/2023 at 12:22 PM, BrisbanePanther said:

Whatever it is, I suspect there will be some tea leaves to read regarding timing of a new stadium, which would fetch huge dollars by itself. Also have to keep in mind that there'll be other stadiums coming too which could take some potential sponsors, including new ones in Buffalo, Nashville, and DC (which will almost certainly have their pick of sponsors in a mega-deal to compete with Bezos). In fact, I think a new DC stadium could break the $500m sponsorship mark.

That being said, my contenders would be:

American Airlines Field due to the Charlotte hub, but I'm not sure airlines are throwing money like this at sponsorships anymore.

I also think it could be a random one like:

Samsung Stadium--but then again this feels like the name for a new (or heavily renovated) stadium. The tech upgrades, customer experience, and product placement takes care of itself. All the video boards, ribbon boards, monitors, wifi, everything--all Samsung and probably special features for Samsung phone owners (like me! 👍). 

Allegiant Airlines has the naming rights for the Raiders stadium in Vegas. Airlines still have arena naming rights. 

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ladypanther

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Time is running out on Bank of America’s naming rights contract for the Carolina Panthers’ stadium uptown. The bank purchased the naming rights in 2004 under a 20-year agreement for $140 million, or $7 million per season. The financial institution has been headquartered in Charlotte since 1998 after NationsBank’s merger with BankAmerica. It’s unclear if Bank of America will renew the contract. A bank spokesperson said there’s nothing to report at this time.

 

Today, the average stadium naming rights deal across the country is about $14 million a year, Depken said. He expects the new contract for the Panthers stadium to cost about $10 to $15 million annually. Last year, insurance company Acrisure paid $10 million per year for 15 years to be the name on the Pittsburgh Steelers’ stadium.

 

Also last year, the Cincinnati Bengals and Paycor signed a deal worth for $12 million a year for 16 years. Other stadium deals have doubled and tripled those numbers. In 2019, Social Finance Inc. paid more than $30 million annually over 20 years to put its name “SoFi” on the new stadium for the Los Angeles Rams and Chargers. The same year, Allegiant Airlines paid $25 million per year for Las Vegas Raiders stadium rights.

Read more at: https://www.charlotteobserver.com/news/local/article275007936.html#storylink=cpy

 

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