The Tampa Bay Buccaneers and Raymond James Financial today announced an extension to their current naming rights partnership that ensures Raymond James Stadium will remain the name of the team's home field through the 2027 season. The arrangement marks the second such extension of the original naming rights agreement which began prior to the stadium's debut in 1998 and extends the second-longest continuous active stadium naming rights partnership in the National Football League.
Buccaneers Co-Chairman Bryan Glazer stated: "It is rare in today's business climate to form the type of long-lasting partnerships that can endure the test of time. By the end of this extension, our partnership with Raymond James Financial will have reached 30 years. That type of long-term approach has defined our relationship to this point and will serve as the foundation for the years to come."
A look at updates being made to Raymond James Stadium.
March 26
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June 6
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August 1
As part of the agreement, the Buccaneers and Raymond James Financial will continue their nearly two decades of joint community work focused on giving back to the Tampa Bay area through the highly successful Kicking for Kids and Sack Hunger programs. 2016 will mark the 17th season of the Kicking for Kids program which has raised more than $300,000 for local children's hospitals based on $1,000 donations by Raymond James Financial for every successful field goal made by Buccaneers placekickers each season. The annual Sack Hunger collection events held before the Thanksgiving holiday each year have collected more than 140 tons of non-perishable food items for local area food banks dating back to 2000.
"Raymond James has enjoyed a productive and mutually beneficial relationship with the Tampa Bay Buccaneers from the time the stadium opened in 1998," said Executive Chairman Tom James. "Two Super Bowls and a Buccaneer NFL championship 18 years later, we are proud to extend our partnership for another 12 years. Just as importantly, we are also excited to continue giving back to the Tampa Bay community through our combined efforts, including our legacy Kicking for Kids and Sack Hunger programs."
Raymond James Stadium is currently undergoing a comprehensive, $100 million renovation which will be completed in multiple stages over the coming years. The first stage of construction will be completed in time for the start of the 2016 NFL season and includes an all new integrated sound system as well as new, larger state-of-the-art HD video boards and four HD tower video displays in each corner of the lower bowl. The new boards will provide more than 28,400 square feet of video display area—the third-largest in the NFL. Other improvements include HD ribbon boards in the center ring of the suite level fascia and the renovation of luxury suites.
Since its opening in 1998, Raymond James Stadium has played host to a number of world-class events, including Super Bowls XXXV (1/28/2001) and XLIII (2/1/2009), and on January 9, 2017, will be the site for the 2017 College Football Playoff National Championship.
