TIAA Bank announces sale, Jaguars stadium name to change

The Jacksonville Jaguars’ home won’t be called TIAA Bank Field much longer, although the new stadium name hasn’t yet been revealed.

On Thursday, TIAA announced it’s selling its bank to a group of investment funds and will focus on its retirement and management businesses, according to the Jacksonville Daily Record.

The Jaguars’ stadium became EverBank Field in 2010 and was renamed TIAA Bank Field when the company acquired EverBank in 2018. According to the Daily Record, the name change won’t happen during the 2022 NFL season.

In 2014, the Jaguars and EverBank agreed to a 10-year, $43 million extension to their stadium naming rights deal that runs through the 2024 season.

The original name of the Jaguars’ home was Jacksonville Municipal Stadium until it became Alltel Stadium in 1997. At the conclusion of that deal, it became Jacksonville Municipal Stadium for a few more years before EverBank purchased the naming rights.

In addition to being the home of the Jaguars, the stadium has also served as the site of the annual Florida vs. Georgia college football game.

Story originally appeared on Jaguars Wire