Oracle Signs 20-Year Deal for Stadium Naming Rights With San Francisco Giants

Date : 01/10/2019 @ 7:46PM
Source : Dow Jones News
Stock : Oracle Corp. (ORCL)
Quote : 49.27  0.69 (1.42%) @ 9:24PM

Oracle Signs 20-Year Deal for Stadium Naming Rights With San Francisco Giants

Oracle Corp. (NYSE:ORCL)
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   By Michael Dabaie 
 

Oracle Corp. (ORCL) and the San Francisco Giants said Thursday they signed a 20-year partnership giving Oracle naming rights to the baseball stadium through 2038.

With the deal, AT&T Park will be named Oracle Park. Financial terms of the agreement weren't disclosed.

The parties said in a statement the Giants' previous naming rights agreement with AT&T ran through the end of 2019, but in preliminary renewal discussions, AT&T informed the Giants changes to AT&T's corporate sponsorship strategy would give the team the opportunity to seek another naming rights partner and begin a new agreement a year early.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

January 10, 2019 14:31 ET (19:31 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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