CHARLOTTE, N.C. (AP) — Carolina Panthers owner David Tepper is investing an additional $500 million into ongoing stadium renovations to improve overall fan experience with an eye toward potentially bringing the Super Bowl, NFL draft, 2031 Women’s World Cup and other major sporting events to Charlotte.
The investment coincides with the team announcing it has reached a long-term extension on a stadium naming rights deal Thursday with Bank of America.
The additional investment in the 30-year-old downtown stadium brings the total cost of renovations to $1.3 billion.
The project is expected to be completed by 2030.
The Panthers released new stadium renderings highlighting enhancements and a broader vision of what is referred to as the new “Charlotte corridor,” which includes a 4,400-seat music venue designed to help make the city a more attractive year-round weekend destination.