US Life insurer Lincoln National Corporation has purchased the naming rights to the new 67,000-seat NFL Philadelphia Eagles stadium being built. The company is paying $139.6 million to have the stadium called Lincoln Financial Field.
Lincoln will pay
the NFL team about $6.7 million annually for 21 years, reports the Philadelphia
Inquirer. The Eagles' are putting $320 million into the building of the $512 million
stadium, scheduled to open next year.
Lincoln National Corp is the sixth largest US
life insurer.
