Major League Soccer’s San Jose Earthquakes and PayPal have struck a multi-year sponsorship agreement that includes naming rights for the team’s stadium located in San Jose, California, which will be called PayPal Park.
The 10-year partnership is built to celebrate Quakes fans, the San Jose community, and local small businesses, and will reimagine the future of live event experiences for sports fans by leveraging PayPal’s innovative payments technology, the club said.
Dan Schulman, president and CEO, PayPal said:
PayPal Park will be outfitted with PayPal’s digital payments technology, including the ability to pay touch-free with QR codes at point-of-sale (POS) systems around the stadium and feature benefits like fast lanes that provide fans paying with PayPal or Venmo a quicker checkout experience.
These advancements will help transform PayPal Park into a leading-edge, post COVID-19 venue that offers new and seamless ways to maximize how fans experience live events.
In addition, the Quakes will further embed the brand’s payment solutions throughout its digital properties and feature PayPal at multiple touchpoints throughout the fan journey.
PayPal is deeply committed to San Jose, and we are excited to partner with the San Jose Earthquakes to introduce PayPal Park to our passionate Quakes community and local small businesses.
This is a unique opportunity to partner with a valued sporting brand and strong community of fans, as we draw on our digital payments technology and work together to redefine the future of live event experiences.
Earthquakes chief operating officer Jared Shawlee said:
We couldn’t be more thrilled to find a stadium naming rights partner that aligns with our vision of uplifting the local community. PayPal is a highly respected global brand with its headquarters less than two miles from our Front Office. We’re excited to partner on a number of initiatives that aim to support local small businesses and underserved youth, while also making the stadium a more touchless experience for our guests.
PayPal and the Earthquakes’ commitment to the San Jose community will be an integral part of the matchday experience.
PayPal Park will feature a 250-seat reserved section of the stadium that will host underserved members of the community and provide them with access to complimentary tickets and transportation to and from home matches.
Local youth and non-profit organisations will be invited to Earthquake’s training sessions and have opportunities to play games on the stadium field. Additionally, Quakes fans will be given special offers and discounts, giveaways, and surprise and delights from PayPal and Venmo.
PayPal Park is an 18,000-seat soccer-specific stadium located on Coleman Ave. adjacent to the San Jose International Airport.
The European-inspired building is the first cloud-enabled venue in MLS and is among the most technologically advanced stadiums in the world.
The stadium features a canopy roof and the steepest-raked seating in MLS to provide the best possible fan experience.
Additionally, the north end zone houses the largest outdoor bar in North America, a two-acre fan zone and a double-sided video scoreboard. The suites and club seats are located at field level, giving fans a premium experience unlike any other in professional sports.