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Built for LAFC, the newly opened Banc of California Stadium will also be one of many venues used during the 2028 Olympic Summer Games in Los Angeles. Photo courtesy of Major League Soccer

LAFC Stadium Naming Rights Deal Restructured

Los Angeles Football Club and Banc of California will restructure a long-term partnership that will result in the bank stepping away from its naming rights deal on LAFC’s stadium in downtown Los Angeles. The bank will remain as the club’s primary banking partner and remain a partner on other collaborations. “We are extremely proud of […]

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Tom Penn
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Tom Penn

Tom Penn has the chance to do what few get to do in professional sports: build a team from the ground up. But it’s not just the launch of LAFC, the new Major League Soccer team in Los Angeles, that he’s overseeing. Penn is also helping develop a new downtown stadium set to debut in 2018 when the team begins play. Penn previously spent four seasons as vice-president of basketball operations and assistant general manager of the NBA’s Portland Trailblazers and seven years as assistant general manager of the Memphis Grizzlies in addition to serving as an NBA analyst for ESPN. But in building LAFC, he has had to engage a range of sports and entertainment luminaries as co-owners while convincing new fans to jump on the team’s bandwagon. In this interview, Penn

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