Washington Commanders reach a deal…
The Washington Commanders’ home field now will be known as Northwest Stadium after the team announced an agreement Tuesday with Northwest Federal Credit Union.
The team announced an eight-year deal to rename the place that was known as FedEx Field from 1999 until several months ago. FedEx ended its naming-rights agreement in February, two years before it was set to expire, making it Commanders Field on a temporary basis.
This one is worth more on average than the $7.5 million annually FedEx paid for naming rights under the previous $205 million agreement, according to a person with knowledge of the deal. The person spoke to The Associated Press on condition of anonymity because financial terms were not released.
The deal with Northwest Federal Credit Union also puts the company’s logo on the team’s practice jerseys.
Managing owner Josh Harris said Sunday before the preseason finale against New England he was hopeful Washington would have a new stadium by 2030. The current lease at the stadium in Landover, Maryland, runs through 2027, and the new naming-rights deal does not preclude the team from opening a new one before the deal’s completion in 2032.
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