$158M Commitment by National Car Rental for Naming Rights to Proposed NFL Stadium in St. Louis

Jefferson City, MO

Gov. Jay Nixon today released the following statement regarding the announcement that National Car Rental has committed $158 million to secure the naming rights to the proposed NFL stadium in St. Louis.

“Today’s announcement is another concrete step forward and a powerful affirmation of the St. Louis business community’s strong support for this project,” said Gov. Nixon. “Private investment and taxpayer protection have been pillars of this effort from Day One, and I thank National Car Rental, the Taylor family, as well as Dave Peacock and Bob Blitz for their work to keep the NFL in St. Louis, redevelop the north riverfront and build a brighter future for the region as a whole.”

Last year, Gov. Nixon appointed Dave Peacock and Bob Blitz to develop a plan to keep the NFL in St. Louis that met six strict guidelines, including strong protections for taxpayers, a significant private financial commitment from the NFL and its local franchise, and the redevelopment of a distressed area.  The plan presented by Peacock and Blitz meets these criteria and continues to gain momentum.

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Source: Office of Missouri Governor