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The new Chicago Fire FC stadium has struck a deal for its name.
The new Chicago Fire FC stadium has struck a deal for its name. The team's new 22,000-seat stadium — set to open in 2028 — will be called McDonald’s Park.
The deal, which runs through 2040, marks the company’s first naming rights partnership for a professional sports venue in the United States. McDonald’s executives said the partnership is meant to reinforce the company’s commitment to its hometown while also supporting youth soccer programs across Chicago.
"Together, we are creating more than a stadium," said Chris Kempczinski, Chairman and CEO of McDonald’s. "We are building a place that serves up joy, brings together community, delivers impact, and is designed to serve generations to come. "Financial details of the agreement were not disclosed. The stadium is part of a $750 million project currently under construction in The 78, an area south of downtown Chicago.
The venue is being privately financed by Joe Mansueto, the owner of the Fire and founder of Morningstar.
"As we take the next step on our journey to build a world class Club, our commitment to Chicago is at the center of everything we do," said Joe Mansueto, Chicago Fire FC Owner and Chairman. "That’s why McDonald’s is the perfect partner – an iconic global brand with deep Chicago roots and shared values in supporting our community. McDonald’s Park will be the stadium that Chicago deserves. "
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