EverBank Stadium will remain the name of the Jacksonville Jaguars’ home field through 2027 under a proposed sponsorship contract extension, the bank and team announced May 17.
Pending approval by the city of Jacksonville, the extension would add three years to EverBank’s 10-year naming-rights agreement. The deal was set to expire after the 2024 season.
“Like every Jaguars fan, all of us at EverBank are thrilled we’ll be able to continue to ‘Lock Down The Bank’ at home games for several years to come under this pending sponsorship agreement extension,” Greg Seibly, EverBank’s CEO, said in a news release.
According to the release, EverBank acquired the naming rights to the Jaguars’ stadium in 2010 and signed a 10-year extension in 2014. The field was called TIAA Bank Field from 2018 to 2023 after a merger between TIAA and EverBank in 2017.
The extension comes as the Jacksonville City Council begins reviewing a proposed agreement between the city and the Jaguars to build and maintain the team’s “Stadium of the Future.” Terms call for the city to contribute $775 million comprising $625 million for construction and $150 million for deferred maintenance and capital improvements. The Jaguars would match the city’s $625 million in funding for construction.
Plans call for the team to play away from Jacksonville, likely in Orlando or Gainesville, during the 2027 season while the stadium is under construction.
The bank and team did not announce the financial terms of the contract extension.