LOS ANGELES (AP) — Los Angeles FC will seek a new name for its 2-year-old Banc of California Stadium after the Major League Soccer club and the bank restructured their partnership.
LAFC announced Tuesday that Banc of California will eventually give up its naming rights to the still-new stadium just south of downtown Los Angeles.
LAFC didn’t announce a time frame for the removal of Banc of California from the stadium’s name or the selection of a new naming rights partner. The stadium will be known by its current name for the immediate future.
Banc of California agreed in 2016 to a reported 15-year, $100 million deal to have its name on the $350 million stadium built by LAFC’s deep-pocketed ownership group.