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Rams, Chargers stadium gets first sponsor

INGLEWOOD, Calif. -- The new stadium at Hollywood Park being built for the Los Angeles Rams and Los Angeles Chargers has reached another milestone -- its first corporate sponsor.

The LA Stadium and Entertainment District at Hollywood Park announced that American Airlines will be a founding partner. The airline will be the naming rights partner for American Airlines Plaza, which will be a 2+-acre, two-level open-air space that will serve as the main entrance into the 70,000-seat stadium and 6,000-seat performance venue.

The announcement took place Tuesday in front of the stadium, which is 75 percent complete and slated to open next July.