The San Francisco Giants' ballpark will have a new name beginning Thursday.
The purchased rights are effective Thursday, and the Giants have sent out a photo of the impending sign changes, which park staff are already working on.
Terms of the deal are not being disclosed, but in an interview Wednesday, Giants President and CEO Larry Baer termed it "very much in line with other recent naming-rights deals for top-tier facilities".
If that's any indication, the deal for the incoming Chase Center, which will host the Golden State Warriors in 2020, was stated to have cost JP Morgan Chase upwards of $300 million. The Warriors, who won three National Basketball Association championships in the Oakland arena, are moving across the bay to a new arena in San Francisco next season, and Oakland's arena will be renamed. Oracle will replace AT&T as the team's naming-rights partner. It was first named Pac Bell Park when it opened in 2000.
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AT&T Park in San Francisco, one of baseball's best and most attractive ballparks, will soon have a new name.
"We are extremely proud that one of the best and most storied ballparks in America will now be called Oracle Park".
The San Francisco Chronicle reports that the change will take place immediately. "The Giants have always been on the forefront of bringing innovative experiences to baseball, and we are excited to continue that tradition", said Mark Hurd, CEO of Oracle. "They're not going anywhere".
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