FedEx ends naming rights agreement with Commanders stadium FedEx Field

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FedEx ends naming rights agreement with Commanders stadium FedEx Field

FedEx has ended its naming rights agreement with the ' stadium in Landover, Maryland, a venue that had been known as FedEx Field since 1999.The move confirmed Wednesday comes two years prior to the expiration of the current agreement scheduled for 2026, and as the club looks for a site on which to build a new stadium that would open later this decade."We continuously review our marketing programs to ensure our investments are aligned with John Taylor Jersey our evolving busine s objectives," FedEx said in a statement emailed to The A sociated Pre s. "As part of this review, we have decided to not continue as the naming rights sponsor of FedEx Field as we focus on our broader NFL sponsorship and opportunities that reflect our global footprint."ADVERTISEMENT Dan Snyder sold the naming rights to FedEx in 1999 when he bought the team. FedEx founder and chairman Fred Smith was a Deebo Samuel Jersey minority owner of the team until 2021, when Snyder and his family bought out the shares held by Smith, Dwight Schar and Bob Rothman.Snyder last year sold the team to a group led by Josh Harris and including Magic Johnson and others for $6.05 billion.Unlike Nationals Park, home of 's team by the same name, don't expect the Commanders' stadium, which also hosts soccer games and concerts, to go without a sponsorship for an extended period of time."We have NFL San Francisco 49Ers Jersey already started the proce s of identifying our next stadium naming rights partner a partner who will play a crucial role in ushering in the next era of not only Commanders football but also a robust slate of top live events and concerts," the team said in a statement.The Washington Post was first to report the news.On Tuesday, the Commanders announced $75 million in renovations to the aging stadium, including upgrades to the sound system, escalators and elevators, water and mechanical systems and other infrastructure improvements. There was no hot water in the home and visiting locker room showers after a game late last season, and in previous years the stadium had pipe leaks and other problems that made it a butt of league-wide jokes.Upon taking control of the team, Harris talked about improving how fans Dwight Clark Jersey get in and out, among other changes to the game day experience that had devolved in the final years of Snyder's ownership.His group is still considering options in Maryland, Virginia and the District of Columbia for the team's new home that would replace the current one, which was rushed to completion in 1997 under the orders of then-owner Jack Kent Cooke, who died months prior to its opening.Reporting by The A sociated Pre s. Do you want more great stories delivered right to you? Here's how you can create or log in to your FOX Sports account, follow your favorite leagues, teams and players and receive a personalized newsletter in your inbox daily. FOLLOW Follow your favorites to personalize your FOX Sports experience National Football League Charles Haley Jersey Washington Commanders
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