The future home of the Los Angeles Rams and Chargers in Inglewood won’t open for another year, but the stadium is on the verge of having an official name. According to FOX Business, SoFi is deep in negotiations to buy the naming rights of the Inglewood stadium.
FOX Business reports that talks between SoFi and the NFL are in the late stages and if a deal is reached, the finance company could pay as much as $20 million per year for at least the next decade. That’s a significant chunk of change, but the Inglewood stadium is projected to be the most expensive venue ever built in North American sports history. It’s expected to cost north of $5 billion for the entire complex.
SoFi, or Social Finance, is an online loan company that specializes in personal loans and refinancing student loans. SoFi is reportedly in talks to raise $500 million from the Qatar Investment Authority, which would value the company at around $4.3 billion.
It is not yet known what the official name of the stadium will be, but the 2022 Super Bowl is scheduled to be held in Inglewood, which will draw massive crowds and viewers on television.
