Minor League Baseball franchise Charlotte Knights have signed a "long-term" agreement for naming rights to its proposed new ballpark in the city. Financial services company BB&T Corporation will sponsor the stadium, final approval for which is pending.
The 10,000-capacity venue is scheduled for opening in 2014.
Wes Beckner, regional president of BB&T's Charlotte metro region, said: "We believe a new baseball stadium in a spectacular setting in uptown Charlotte will create jobs and attract business investment with new restaurants and other businesses. It also will draw crowds to a family-friendly, affordable environment.
"We understand approval of the stadium is a process and critical decisions still need to be made. If those decisions are positive, we are delighted to support what we believe will be a tremendous economic catalyst for Charlotte and the region."
Don Beaver, managing partner of the Charlotte Knights, added: "Our partnership significantly increases the excitement, credibility and economic feasibility of our proposed uptown stadium."
As it waits for approval for its new home, the Knights continue to play at a stadium in Fort Mill.
Charlotte Knights – BB&T