FedEx will end its naming rights agreement with the stadium in Landover, Maryland, where the Washington Commanders play, a team spokesman said Wednesday.
The stadium has been called FedEx Field since 1999, about two years after its construction was completed, according to the team. FedEx pulls out of naming rights agreement two years early; It was not scheduled to expire until 2026.
The leaders have already begun looking for a new partner to pay the price of putting their name on the field.
“There is a lot to be excited about for the 2024 season, including a new naming rights partner,” a team spokesperson said in an email.
It’s another big change after years of turmoil for leaders, including a team name change, new ownership, and most recently the hiring of a new head coach and general manager.
“We thank FedEx Corporation for their longstanding naming rights sponsorship and their work with our team and community and look forward to their continued partnership within the Commanders family,” the spokesperson said.
This news comes at a time when lawmakers in the US House of Representatives are preparing for this Vote on the bill It would give DC control of the site of the old RFK Stadium, where the Leaders played for decades.
Mayor Muriel Bowser says the 99-year lease will allow the district to rejuvenate the area and perhaps attract leaders to the nation’s capital.
But leaders just announced a plan to make major improvements to the stadium in Prince George’s County. On Tuesday, the team detailed plans to invest $75 million in the fan experience, according to a press release.
“This is the right thing to do,” team president Jason Wright said.
Stay with NBC Washington for more updates.
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