logo
LA28 to break longstanding tradition with corporate venue names at Games

LA28 to break longstanding tradition with corporate venue names at Games

The Guardiana day ago
For the first time in Olympic and Paralympic history, competition venues will carry corporate names during the Games, breaking from the long-standing 'clean venue' tradition.
That policy, also enforced at other major events like the Fifa World Cup, requires stadiums and arenas to strip or cover all non-official sponsor branding, including naming rights signage. The aim is to protect the exclusivity of global partners who pay millions for official status. In past events, Arsenal's Emirates Stadium became 'Arsenal Stadium' for Uefa matches, and New Jersey's MetLife Stadium will be known as 'New York New Jersey Stadium' during the 2026 World Cup.
The shift follows years of debate inside the IOC. Former president Thomas Bach had signaled a move towards a 'clean field of play' rather than a blanket 'clean venue' policy, opening the door for more sponsor visibility around the Games. LA28 chair Casey Wasserman said naming rights are 'truly embedded' in the US sporting culture and that many venues are already commonly known by their sponsor names.
LA28 announced Thursday that Comcast and Honda will be the first naming rights partners under an IOC-approved pilot program designed to generate additional revenue for the privately funded Los Angeles Games. Comcast Squash Center at Universal Studios will stage squash's Olympic debut. Honda Center in Anaheim, home to the NHL's Ducks, will host indoor volleyball while keeping its corporate name. Other permanent venues with existing naming deals, including SoFi Stadium, Intuit Dome, Crypto.com Arena, BMO Stadium, Peacock Theater and Devon Park in Oklahoma City, could retain their titles if their sponsors purchase the rights.
'From the moment we submitted our bid, LA28 committed to reimagining what's possible for the Games,' Wasserman said. 'These groundbreaking partnerships with Comcast and Honda, along with additional partners to come, will not only generate critical revenue for LA28 but will introduce a new commercial model to benefit the entire Movement. We're grateful to the IOC for making this transformation possible.'
Under the program, up to 19 temporary venues will also have naming rights available to worldwide and LA28 partners, with the first opportunities going to members of the Olympic Partner (TOP) program. TOP sponsors will have first choice on temporary venues, followed by LA28's highest-tier domestic sponsors. Any company outside that group would need to sign on as a founding partner to gain rights. Wasserman has estimated the total value could reach nine figures, depending on the venue and location.
Historically, the 'clean venue' policies have meant significant losses for venue sponsors. Marketing analysts estimate that losing naming rights exposure at a World Cup can cost between $5m and $9m for early matches, rising to $80m for the final. For 2026, Fifa has told host cities to hand over full control of their stadiums for more than a month, with all non-sponsor logos removed or covered, even on equipment and roof signage.
An IOC statement described the LA28 plan as a 'pilot' that will be 'assessed for relevancy for future hosts'. It said the approach 'takes into account market realities of venue naming and generates critical revenue to stage the Games' while maintaining the principles of clean venues on the field of play.
The move underscores the growing commercialization of the Games as organizers seek new funding models. LA28 will be the first US Summer Olympics in more than 30 years and aims to rely entirely on private financing to meet its estimated $7.1bn budget. Outside the new naming rights program, standard clean venue rules will still apply.
The Games run from 14 to 30 July, followed by the Paralympics from 15 to 27 August.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Engineering service firm Legence files for US IPO
Engineering service firm Legence files for US IPO

Reuters

time28 minutes ago

  • Reuters

Engineering service firm Legence files for US IPO

Aug 15 (Reuters) - Engineering and maintenance service provider Legence said on Friday it had filed for an initial public offering in the United States. The U.S. IPO market has seen a resurgence in activity with a flurry of companies coming forward to list their shares to tap growing investor confidence, after a slowdown in April due to trade policy changes. Shares of cryptocurrency exchange Bullish (BLSH.N), opens new tab more than doubled in their New York debut earlier in the week. Goldman Sachs and Jefferies are the lead book-running managers for the offering. The company will list its shares on Nasdaq under the ticker symbol "LGN".

Red Bulls G A.J. Marcucci to have surgery to repair ACL
Red Bulls G A.J. Marcucci to have surgery to repair ACL

Reuters

timean hour ago

  • Reuters

Red Bulls G A.J. Marcucci to have surgery to repair ACL

August 15 - New York Red Bulls goalkeeper A.J. Marcucci sustained a ruptured ACL in his left knee during the team's U.S. Open Cup quarterfinal match against the Philadelphia Union, the team announced Friday. The Red Bulls said surgery will be performed later on Marcucci. He suffered the injury Wednesday in his team's 3-2 loss. Fellow goalkeeper Carlos Coronel has started all 24 matches in which he has played this season for New York (10-10-6, 36 points), which hosts Philadelphia (15-5-6, 51 points) on Saturday in Harrison, N.J., in MLS play. Marcucci, 26, has made seven appearances across all competitions this season, including two starts in MLS matches. --Field Level Media

Keely Hodgkinson admits injury absence since Olympics has been upsetting
Keely Hodgkinson admits injury absence since Olympics has been upsetting

Powys County Times

time2 hours ago

  • Powys County Times

Keely Hodgkinson admits injury absence since Olympics has been upsetting

Olympic 800 metres champion Keely Hodgkinson admits she has found it 'upsetting' to be out of action for over a year. The 23-year-old has not raced since claiming gold at the Paris 2024 Olympics after sustaining a hamstring injury in February, then suffering setbacks – twice-postponing her season debut. Hodgkinson will return to the track on Saturday in the 800 metres at the Silesia Diamond League meet, though Hodgkinson's signature event is not a 'diamond' discipline in Poland. 'It's been a frustrating year for real,' said Hodgkinson, who still hopes to be in fighting shape for the world championships in Tokyo, now less than one month away. View this post on Instagram A post shared by 🌪 (@ 'Coming back into June, not being able to do anything and it had been so long, coming off the back of winning the Olympics last year, not ideal at all that I couldn't even get on the start line. 'It's definitely been a bit upsetting at times. Missing London was hardest for me, because it was so good last year. I just wanted to be there in front of my home crowd, especially coming back after the Olympics. 'It's been frustrating but it makes the good times sweeter and it makes it even better to be here now. 'I think tomorrow is just a stepping stone on the way there. I'm looking forward to getting out there, just being competitive again. I've come out ready to go, so I'm just excited to put something together.' Hodgkinson was forced to pull out of the inaugural edition of her eponymous Keely Klassic event in February, then the Stockholm and London Diamond Leagues. "It's been a frustrating year" @keelyhodgkinson on battling back from injury in 2025. #DiamondLeague #SilesiaDL 🇵🇱 — Wanda Diamond League (@Diamond_League) August 15, 2025 It was at the latter last season that Hodgkinson set a new national record of one minute 54.61 seconds in the 800 metres, weeks before becoming just the third British female Olympic champion at the distance after Ann Packer and Dame Kelly Holmes. Hodgkinson's trip to Poland has already got off to a speedy start. She revealed: 'The guys yesterday, the organisers, picked us up in a Porsche, we get about 10 minutes in and they were like, 'do you want to drive it?' 'I was like, 'of course I want to drive it!'. He was actually being serious, so I got in the car and drove it all the way back. It was fun.' Hodgkinson hopes to secure her first world title in Japan after back to back silvers at the last two championships, and is making the best of what remains in her control. The Lausanne Diamond League on August 20th – where the 800 metres is a diamond discipline, is next up. Hodgkinson added: 'It's been a long time. Over a year since Paris. It wasn't my plan to be this late, but I'm just super happy to get back on the start line. 'I've missed it. I've missed it a lot. This is what I trained to do, so I can't wait to go out there and just give it my absolute best and we'll see what happens.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store