NASHVILLE — The Tennessee Titans will be moving to a new stadium in four years, but they're taking the name of their current venue with them under a 20-year naming rights deal with Nissan North America.
The Titans announced the exclusive deal Friday to keep playing at Nissan Stadium. Financial terms were not disclosed, but Nissan Stadium has been the name of the team's current home since 2015.
The new stadium, which will be an enclosed facility, is scheduled to open for the 2027 NFL season and will be built in the parking lots between Interstate 24 and the current stadium, an open-air venue that opened in 1999.
Nashville already has a group working to attract events ranging from a Super Bowl to an NCAA Final Four to concerts for the new $2.1 billion building.
"This partnership is a natural extension of our already longstanding friendship with Nissan," Titans president and CEO Burke Nihill said in a release announcing the deal.
Nissan has two manufacturing facilities in Tennessee, and the company's North American headquarters is in Franklin, just south of Nashville. Nissan employs more than 11,000 people in Tennessee.
Under the deal, Nissan also will support the Titans' ONE Community outreach program, which will include a 12,000-square foot space at the new stadium for community events available all year. ONE stands for opportunity, neighborhoods and education.
Jérémie Papin, chairperson of Nissan Americas, said Nissan Stadium is a centerpiece of Nashville's skyline.
"It is important for Nissan to keep our name on the new stadium," Papin said in the release. "As more people come to Nashville both to visit and to live in this wonderful city, Nissan Stadium is a true showcase for our brand and for the career opportunities we've offered here for more than four decades."
The new Nissan Stadium will be built with what is considered the largest commitment of public funding for an NFL stadium with $1.2 billion combined being issued in state and local bonds.