Bank of America Stadium Renovation, Naming Rights Extended

Charlotte’s Bank of America Stadium is undergoing a $1.3 billion renovation funded by $650 million from the city and $500 million from Tepper Sports & Entertainment, with Tepper covering any cost overruns and ongoing maintenance. The project, expected to run through 2030, will add a 4,400-seat indoor entertainment venue, a 500-level social patio, expanded gathering spaces, updated video displays, and an illuminated exterior crown while Panthers games and Charlotte FC matches continue during construction. Bank of America will extend its naming rights as part of the deal. Officials say the renovations aim to boost the region’s profile to host major events such as the Super Bowl, the NFL Draft, and the 2031 Women’s World Cup, and to transform the surrounding corridor into a year-round destination. Officials expect tens of thousands of attendees annually and emphasize benefits to local businesses; private funding will cover remaining costs and overages. Construction will begin with interior work this year and progress to fan-facing improvements in 2027, with the stadium remaining operational throughout.