- [Announcer] Introducing SoFi Stadium.
(upbeat music)
We dream big.
We are storytellers, industry
shapers, and creators
at center stage and behind the scenes.
We come from all places and we're ready
to share L.A.'s passion with the world.
We are driven and our
ambition deserves a stage.
That stage is SoFi Stadium.
Fueled by SoFi's commitment
to help people achieve their dreams,
built from the vision of Stan Kroenke.
The new home of the Los Angeles Rams
and the Los Angeles Chargers,
world-class events,
renowned musical acts,
and best of all Los
Angeles, you, our community.
Get ready to experience the extraordinary.
- [Presenter] This is
where we come together.
A world-class premiere destination
for sports and entertainment.
American Airlines is the
first founding partner
of L.A. Stadium and Entertainment District
with the Los Angeles Rams
and Los Angeles Chargers
powered by passion and pride.
- [Announcer] Touchdown, Chargers!
The Rams on a night that
L.A. will never forget.
(epic music)
- [Presenter] Join us
as we host the world.
- [Announcer] It's one
of the biggest games
of the entire NFL calendar.
(audience cheering)
- [Presenter] American Airlines
keeps us all connected,
constantly innovating,
so you can soar as you take in
new experiences and cultures.
Together, we're investing in community
making L.A. stronger.
- [Man] Whose House?
- [Presenter] Creating
unforgettable moments,
and we're just getting started.
Welcome to American Airlines
Plaza at Hollywood Park.
- And Chargers have been waiting for this
and it's almost ready.
Tonight, their new stadium has a new name.
The Inglewood Institution
will be called SoFi Stadium.
- That's right, KCAL9's Brittney Hopper,
she went to the Hollywood Park area
to find out what people think of it.
Finally, there's a name to this
amazing soon-to-be stadium,
but it has some fans kind of confused.
So just to be clear, it's So-Fi not So-Fee
and SoFi is a name we're
gonna be hearing a lot of.
SoFi Stadium, the future
home for the L.A. Rams
and the L.A. Chargers.
- I really just don't understand
why they would name it SoFi.
There are a thousand other
names they could give it,
why SoFi, I don't know.
- SoFi, what does SoFi mean?
- [Brittney] It means Social Finance,
an eight-year-old startup company
that began with student loan refinancing
but now has expanded to
personal and mortgage loans,
mortgage refinances and
wealth management services.
The company bought the
exclusive naming rights
to the stadium,
naming the most expensive
NFL stadium ever to be built.
The company is well-known in
the financial technology world,
and now it's going to be very well known
to the rest of the world.
- Don't matter what it's called,
it's gonna be our house anyways.
- Doesn't matter what it's called.
- SoFi Stadium has already secured
the Super Bowl in 2022,
the College Football National
Championship in 2023,
and the opening and closing ceremonies
of the Olympic Games in 2028.
It will be the first
indoor/outdoor stadium
to be constructed, also hosting concerts,
award shows, and community gatherings.
The stadium is set to open
in the summer of 2020.
Now the naming deal is for 20 years
but the financial terms
were not disclosed.
In Inglewood, I'm Brittney
Hopper for KCAL9 News.
(thuds)
(whooshes)
