EverBank buying naming rights to Jaguars' stadium

Football Betting Lines

07/27/2010 - Jacksonville, FL (Sportsbook Betting Lines) - Jacksonville Municipal Stadium is expected to get a new designation as EverBank is reportedly entering into a five-year agreement for exclusive naming rights.

The Florida Times-Union reports the Jaguars and EverBank will announce a deal Tuesday afternoon. Under terms of the pact, the team will receive 75 percent of the stadium naming rights revenues and the city 25 percent, although the Jacksonville city council still has to approve of the deal.

The Jaguars last had a naming rights partner in 2007 when Alltel completed a 10-year agreement.

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