Carolina Panthers secure long-term naming rights and plan major renovations
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Carolina Panthers secure long-term naming rights and plan major renovations

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(Update: )
American multinational banking and financial services corporation
  • The Carolina Panthers and Bank of America have extended their naming rights agreement for the stadium.
  • The renovation project is estimated to cost $1.3 billion, with significant funding from both the city and Tepper.
  • The renovations aim to enhance fan experiences and transform the stadium area into a sports and entertainment destination.
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In Charlotte, North Carolina, the Carolina Panthers and Bank of America have extended their naming rights agreement for the stadium, which has been in place since 2004. This announcement came as the stadium is undergoing significant renovations, with a total project cost estimated at $1.3 billion. The city of Charlotte has committed to funding $650 million of the $800 million renovation, while Panthers owner David Tepper is contributing an additional $500 million. The renovations include a new field house, fan gathering areas, larger scoreboards, and updates to the locker room and press box. Construction on the front-facing improvements is set to begin in 2027, with all renovations expected to be completed by 2030. Tepper aims to enhance the fan experience and transform the area into a destination for sports and entertainment events, which reflects a broader vision for the region's development.