The San Francisco Giants' home stadium will now be called Oracle Park, according to Henry Schulman of the San Francisco Chronicle. The stadium had been named AT&T Park from 2006-2018.
San Francisco reportedly signed a 20-year deal with Oracle, a computer technology corporation with headquarters in Redwood City, California, that begins this year, per Schulman.
AT&T's naming-rights deal with the Giants was set to end after 2019, but the company informed the Giants they were not going to seek a new contract, per Giants team president and CEO Larry Baer's comments to the Chronicle.
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Sources told Ron Leuty of the San Francisco Business Times that Oracle "will pay eight figures—upwards of $10 million—per year to the Giants."
The stadium was known as Pac Bell Park during its debut 2000 season. The name changed to SBC Park in 2004 before becoming AT&T Park in 2006. Now Oracle Park, the Giants' home stadium will have had four names in 20 seasons.
The Giants' home opener will be Friday, April 5 against the Tampa Bay Rays.
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