Major League Baseball team the Pittsburgh Pirates has renewed an agreement with PNC Bank for naming rights to its home stadium.
Under the new 10-year agreement, the Pirates’ home ballpark will continue to be known as PNC Park. Financial terms of the deal were not disclosed.
PNC, which is headquartered in Pittsburgh, has sponsored the stadium since it opened in 2001. The company’s original 20-year naming rights deal had been due to expire ahead of the upcoming season.
Lou Cestello, head of regional markets and regional president for PNC in Pittsburgh, said: “Simply put, the Pittsburgh Pirates are our hometown baseball team, and as Pittsburgh’s hometown bank, we believe the opportunity to renew our agreement makes a great deal of sense.
“Our relationship with the Pirates is a natural fit, as our two organisations share a focus on providing opportunities for those in our community to succeed, especially young children and families.”
Pirates president Travis Williams added: “It is an honour for us to begin the next chapter with PNC. We have long been proud of the relationship between our two brands, and are pleased that PNC shares our optimism in the new course we have set as an organisation.
“The spirit of this agreement reaches well beyond the ballpark. PNC’s shared pride in our city and commitment to make a difference in our community remains an important aspect of our work together.”
The Pirates are set to welcome fans back to PNC Park when the 2021 MLB season gets underway next month. Pennsylvania Governor Tom Wolf announced this week that outdoor venues can open at a maximum of 20% capacity, meaning that the PNC Park could seat around 7,600 fans.
The Pirates welcomed Governor Wolf’s announcement and the team will detail ticket availability in the coming days.