The University of Central Florida (UCF) has agreed a deal for FBC Mortgage to take on naming rights to the home stadium of its American football team, the Knights.
The 10-year deal is worth $19.5m (£15.6m/€18.2m) and officially rebrands the venue as FBC Mortgage Stadium. The agreement has been approved by the UCF Board of Trustees and will begin on July 1.
The 44,000-capacity stadium had previously been known as the Bounce House in homage to its long-held nickname. Prior to that, the venue was known as Spectrum Stadium and Bright House Networks Stadium.
Following the signing of the FBC Mortgage deal, UCF vice-president and director of athletics Terry Mohajir said: “It’s an exciting day for UCF Athletics and for FBC Mortgage to be able to collaborate on the naming of our football stadium.
“Sellouts have become the norm at UCF. Our game-day experience has been widely recognised – and I believe it is second to no one. Knight Nation has established the atmosphere at FBC Mortgage Stadium as one of the best in the country.
“We are building the future of college football here at UCF. This represents the next step for us as we reimagine our football campus – and we’re excited to have FBC Mortgage join us on our journey.”
Joe Nunziata, co-chief executive of FBC Mortgage, added: “With many of our employees having attended UCF, this was a natural fit for FBC Mortgage – and it also helps us achieve our national growth expansion with a great partner in UCF.”
The first Knights game to be played at the rebranded stadium will be the 2022 season opener against South Carolina State on September 1.
FBC Mortgage Stadium opened in 2007, with the Knights having previously played at the Florida Citrus Bowl (now Camping World Stadium). The stadium hosted conference championship games in 2007, 2010, 2017 and 2018.
Image: UCF Knights