Allianz Secures Naming Rights for MLS Stadium

The owners of the Minnesota United FC soccer team have chosen the global life insurance giant—which has local roots in the state—as the sponsor for the new $200 million arena in St. Paul.

Touting its Minnesota roots, Allianz Life Insurance Co. of North America, has secured the naming rights to the new $200 million Major League Soccer stadium being built in St. Paul, Minn., for the Minnesota United FC soccer team.

Under the multi-year naming rights sponsorship agreement, the stadium will be known as Allianz Field. The price paid for the rights was not disclosed. The facility in St. Paul’s Midway neighborhood is scheduled to be completed in time for the start of the 2019 MLS season. It is the first Allianz-sponsored stadium in North America and the eighth in eight countries on four continents, including Allianz Munich, home to two soccer teams and the global headquarters of the insurance giant. Other Allianz-sponsored stadiums are in Sydney; London; Vienna; Sao Paulo; Nice, France, and Turin, Italy…

Allianz Secures Naming Rights for MLS Stadium

Categories : Finance

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