SoFi Stadium

[Formula 21]

Chargers fans should get used to the name SoFi Stadium, which Stan Kroenke announced as the official naming partner for the stadium today. As reported by VenuesNow:

Social Finance, the private lender known as SoFi that specializes in refinancing student loans, has acquired naming rights for the $5.2 billion NFL stadium under construction in Inglewood, Calif., according to multiple sources.

Terms are believed to be in the range of $20 million a year over 20 years, sources said.

This is on par with the amount paid for MetLife Stadium, which also houses two NFL teams. There were early rumors that the naming rights could skyrocked to over 35-million annually, but I think that the Rams' owner will still be happy with their $400 million dollar payday.

[Maniaque 6]

Was Dodge in the mix?
It would have been a natural.
Dodge Ram, Dodge Charger!!!

[Boltjolt]

I don't really care who buys the rights to the name but SoFi sure isn't a good flow or even a recognizable name. But, whatever

[shruggy]

Kroenke got less than he wanted, but he'll make it up in other ways, I'm sure.

[Panamamike]

I don't really care who buys the rights to the name but SoFi sure isn't a good flow or even a recognizable name. But, whatever

That company will become well known. 1.5Trillion is student loan debt and 11.5% are technically delinquent (more than 90days past due.