The Los Angeles-area stadium being constructed for the Rams and Chargers shall be referred to as SoFi Stadium.
The groups introduced the naming rights deal – a 20-year settlement – on Sunday. Contract phrases weren’t introduced, however a record in Might estimated the rights would value $20 million a 12 months.
The groups are scheduled to play there starting in 2020.
SoFi, a virtual private finance corporate, shall be an legitimate spouse of every workforce and the Stadium and Leisure District at Hollywood Park, because the 298-acre web site is understood. Rams proprietor Stan Kroenke is growing the complicated, which ESPN reported previous this 12 months would value with regards to $five billion. It’s being constructed at the former web site of the Hollywood Park Racetrack in Inglewood, Calif., simply 3 miles from Los Angeles World Airport.
The stadium will host Tremendous Bowl LVI in 2022, the School Soccer Playoff identify recreation in 2021, and the hole and shutting ceremonies of the 2028 Olympic Video games.
—Box Degree Media