The San Francisco 49ers held a press conference today to give a first look at “Levis Stadium” and below is the first image released. The 49ers new home in Santa Clara has been officially named “Levi’s Stadium” as part of a massive $220 million deal.
According to the Mercury News:
The company will pay $220.3 million to the city of Santa Clara and the 49ers over 20 years, and Levi Strauss has the option of extending the deal for another five years for an additional $75 million or so.
The 49ers posted more info on their official website which outlines the full partnership for ”Levi’s® Stadium.”