SAN JOSE, Calif. – The San Jose Earthquakes and PayPal Holdings Inc. (NASDAQ: PYPL) today announced a multi-year sponsorship agreement that includes naming rights for the Major League Soccer (MLS) team’s stadium located in San Jose, California, which will be called PayPal Park. The 10-year partnership is built to celebrate Quakes fans, the San Jose community, and local small businesses, and will reimagine the future of live event experiences for sports fans by leveraging PayPal’s innovative payments technology.
“PayPal is deeply committed to San Jose, and we are excited to partner with the San Jose Earthquakes to introduce PayPal Park to our passionate Quakes community and local small businesses,” said Dan Schulman, president and CEO, PayPal.