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BMO Takes Over Naming Rights at LAFC Stadium

BMO Takes Over Naming Rights at LAFC Stadium

After gaining regulatory approval to acquire Bank of the West, The Bank of Montreal (BMO) is wasting no time making a splash in California. Urbanize Los Angeles is reporting that the home field of 2022 MLS Cup Champion LAFC will now be known as BMO Stadium. The cost of the naming rights is reportedly $100 million.

The stadium was formerly Banc of California Stadium, but the arrangement was dissolved three years ago, allowing BMO to move in. The venue, which seats 22,000 people, has also become the home field of National Women’s Soccer League ’s Angel City Football Club and frequently hosts concerts as well.

“Our partnership with BMO unites two organizations that share a vision and commitment to be leaders and forces for good in our community,” said LAFC co-president Larry Freedman. “BMO Stadium is the premier outdoor arena in the heart of Los Angeles, having established itself as a world class sports and entertainment venue.”

Image courtesy of LAFC

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About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

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