Bank of America and the Carolina Panthers announced on July 23, 2026, a long-term extension of their naming-rights partnership for Bank of America Stadium in Charlotte, North Carolina. Neither the length nor the financial value of the new agreement was disclosed, but it keeps one of the NFL’s longest-standing corporate naming partnerships intact after the bank’s original 20-year, $140 million deal — signed in 2004 when the venue was renamed from Ericsson Stadium — technically expired in 2024 and was bridged by a short-term extension.
The announcement lands alongside an expanded renovation of the stadium, now budgeted at more than $1.3 billion, up from the project’s original scope. The City of Charlotte is contributing $650 million in public funds, while Tepper Sports & Entertainment, led by Panthers owner David Tepper, is covering the remaining costs, overages, and future maintenance.
Stats at a Glance
- What: Bank of America and the Carolina Panthers extend stadium naming-rights partnership
- Where: Bank of America Stadium, Charlotte, North Carolina
- When: Announced July 23, 2026
- Renovation cost: $1.3 billion ($650 million from the City of Charlotte)
- Why it matters: Secures the stadium’s name long-term while funding one of the largest active NFL venue renovations
The Story
Bank of America’s relationship with the franchise predates the naming-rights deal itself: then-CEO Hugh McColl helped secure Charlotte’s NFL expansion franchise in the early 1990s. The bank later purchased naming rights to the stadium in 2004, and Saturday’s extension renews that branding for an undisclosed new term.
Panthers owner David Tepper said the goal is to ‘create experiences that enhance the passion and energy of the region,’ while Bank of America CEO Brian Moynihan pointed to the bank’s deep, ongoing ties to Charlotte. Charlotte Mayor Rob Harrington called the renovation ‘an investment in Charlotte’s future,’ framing it as preservation of an iconic venue rather than a replacement.
What It Means for Visitors
The $1.3 billion renovation includes expanded gathering spaces, new scoreboards, upgraded seating and premium offerings, an illuminated exterior ‘crown,’ and a new 4,400-capacity entertainment venue intended to host 80-100 events a year. Expanded food, beverage, and retail options are also planned.
Work is phased to keep the stadium operational: interior construction is underway through 2026, with fan-facing upgrades beginning in 2027. Panthers and Charlotte FC games are expected to continue on schedule throughout the multi-year project.
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Bank of America Stadium FAQs
How long is Bank of America’s new naming-rights deal for the stadium?
The length of the extension was not publicly disclosed, though it follows a 2004 agreement that ran for 20 years.
How much is the Bank of America Stadium renovation costing?
The project now totals more than $1.3 billion, with the City of Charlotte contributing $650 million and Tepper Sports & Entertainment covering the rest.
Will the Panthers still play at Bank of America Stadium during construction?
Yes, the renovation is phased so Carolina Panthers and Charlotte FC games continue as scheduled through the multi-year project.
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Photo: Photo by Capt. Wayne Capps, USAFR / Public domain, via Wikimedia Commons.