We have a new name for the home of the San Jose Earthquakes (MLS), as the former Avaya Stadium is now PayPal Park after a new naming-rights deal.
Terms of the 10-year agreement were not released.
“We couldn’t be more thrilled to find a stadium naming rights partner that aligns with our vision of uplifting the local community,” said Earthquakes Chief Operating Officer Jared Shawlee. “PayPal is a highly respected global brand with its headquarters less than two miles from our Front Office. We’re excited to partner on a number of initiatives that aim to support local small businesses and underserved youth, while also making the stadium a more touchless experience for our guests.”
As with every naming-rights deal these days, the terms of the deal extend far beyond the name on the outside of the stadium. PayPal Park will feature a 250-seat reserved section of the stadium that will host underserved members of the community and provide them with access to complimentary tickets and transportation to and from home matches. Local youth and nonprofit organizations will be invited to Earthquake’s training sessions and have opportunities to play games on the stadium field. Additionally, Quakes fans will be given special offers and discounts, giveaways, and surprise and delights from PayPal and Venmo.
Speaking of PayPal and Venmo: PayPal Park will be outfitted with PayPal’s digital payments technology, including the ability to pay touch-free with QR codes at point-of-sale (POS) systems around the stadium and feature benefits like fast lanes that provide fans paying with PayPal or Venmo a quicker checkout experience.
“This is a landmark partnership for our club,” said Earthquakes Vice President of Strategy Ian Anderson. “It’s been great working with the team at PayPal to build a program that will positively impact many members of our community and bring world-class technology solutions to our venue. We look forward to hosting fans at PayPal Park for years to come.”
The Earthquakes were supported by Elevate Sports Ventures during negotiations for the partnership.