LAFC's home arena is changing its name to BMO Stadium. LAFC co-president Larry Freedman says BMO 'has deep experience in sports partnership.'
Carlos Marroquin runs the Santa Clarita Blue Heat, which has played a big role in developing soccer stars such as Alyssa Thompson and Deyna Castellanos.The venue’s first official game as BMO Stadium will be played Jan. 25 when the U.S. men’s national team faces Serbia, although much of the Banc of California signage will take weeks to replace, Freedman said. BMO on Thursday also joined Angel City, which plays its NWSL games at the stadium, as a partner.
LAFC, the reigning MLS champion, signed a 15-year, $100-million naming-rights partnership with Santa Ana-based Banc of California in 2016, two years before the stadium opened. But in 2020, in the depths of the COVID-19 pandemic, the bank paid $20.1 million to get out of the agreement, although its name remained atop the stadium as LAFC searched for a replacement.
“I would have liked it to happen sooner. It took longer than anybody would have liked,” Freedman said. “But at the end of the day it was all worth the wait because we got a wonderful partner.”
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