In a shocking turn of event, the SF Giants ownership has changed the name of AT&T Park to Oracle Park!
Henry Schulman of the San Francisco Chronicles reports,
Terms of the deal are not being disclosed, but in an interview Wednesday, Giants President and CEO Larry Baer termed it "very much in line with other recent naming-rights deals for top-tier facilities."
That could make it worth $300 million to $350 million, a significant increase over the roughly $100 million the Giants received over 23 years in the original naming-rights and marketing deal that they signed with an AT&T predecessor in 1996.
After their split from AT&T, the park has decided to partner with the Silicon Valley Tech giant. The AT&T signs have already been removed with temporary Oracle banners for the time being.
This is the fourth name change the park has gone through from the beloved PacBell Park, SBC Park, and the longest being AT&T Park.
Courtesy: Getty Images
It's safe to say most fans did not welcome the news of the name change.