The Carolina Panthers unveiled new renderings of Bank of America Stadium renovations, which are worth an estimated $1.3 billion. Photo by the Carolina Panthers
July 23 (UPI) -- The Carolina Panthers released new renderings Thursday, showcasing $1.3 billion in stadium renovations.
Team owner David Tepper will invest an additional $500 million into the renovations. The team also announced a long-term extension on a naming rights deal with Bank of America. The naming rights agreement, which dates back to the 1990s, is among the longest-standing in the NFL.
Panthers stadium renovations are expected to be completed by 2030.
"The city of Charlotte takes great pride in the future of Bank of America Stadium," Charlotte mayor Rob Harrington said in a news release. "It remains one of our city's crown jewels as an important public asset supporting thousands of local jobs, strengthening our economy, and serving as a cornerstone of the Charlotte community that brings people to Charlotte and brings Charlotteans together.
