The Carolina Panthers franchise of the National Football League (NFL) has announced the extension of its long-running partnership with US banking giant Bank of America (BOA) that will see the firm continue as the naming rights sponsor of the team's stadium.

The 74,867-capacity venue has been named the Bank of America Stadium since the onset of the initial naming rights agreement between the two parties in 2004.

That initial 20-year agreement was set to expire in 2024, with the current renewal set to take it beyond that, although the Panthers have not specified the length of the extension.

Bank of America will also continue to partner with the Panthers organization on its community outreach programs.

The stadium is a popular venue outside of the NFL season too, with nearly 40 major events hosted at the stadium annually.

The venue hosts several non-NFL sporting events, including the upcoming Duke’s Mayo Bowl college football showcase.

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By GlobalData

Most recently, it was selected as a host venue for soccer’s Copa America 2024, which is set to be hosted across the US for the first time.

The tournament will take place from June 20 to July 14, 2024, with the Bank of America Stadium hosting the second semi-final (July 10) and its third-place playoff between the two losing semi-finalists (July 13).