Casino Near Metlife Stadium

A rendering shows the field-level club that Pechanga Resort Casino will sponsor at SoFi Stadium in Inglewood, Calif. (Courtesy Los Angeles Sports & Entertainment District)

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New home of Rams and Chargers signs its first Southern California sponsor

Pechanga Resort Casino has signed a founding partnership at 70,000-seat SoFi Stadium, the new home of the Los Angeles Rams and Los Angeles Chargers in Inglewood, Calif.

The number of years and financial terms were not disclosed.

In the NFL, founding partners typically sign 10-year deals valued in the low to mid-seven figures annually, depending on the market and the scope of the agreement. At MetLife Stadium, which opened in 2010 as the home of the New York Jets and Giants, the four cornerstone partners initially signed deals valued at $8 million annually for contracts extending four to six years, according to sources familiar with those negotiations.

The Pechanga deal is a 10-year agreement, sources said, with the financials approaching the value of the MetLife Stadium cornerstones. Some say it’s a $70 million deal in total, extending to the use of suites and other assets.

Legends, SoFi Stadium’s sales agency, brokered the agreement.

Pechanga Resort Casino receives sponsorship elements with the Rams and the Chargers and Hollywood Park, the 298-acre retail and entertainment district under development next to the $5.2 billion stadium. The mixed-use development most likely boosts the overall value of the founding partnership, similar to when SoFi signed on for naming rights to the stadium.

The Pechanga deal is separate from a one-year agreement that the Rams signed last summer with the gaming entity to be their official Indian casino, stadium officials said.

It’s the first regional sponsorship for SoFi Stadium. Pechanga Resort Casino is in Temecula, Calif., near San Diego, about 100 miles southeast of Inglewood. More details were to be announced Tuesday at a media event on the stadium construction site. The partnership elements include signage in three stadium spaces: a VIP entrance, a field-level club and an open space on the eighth level of the venue.

The field-level club will have a view of the action and can accommodate up to 500 people. The open space on the eighth floor will be reserved for season-ticket holders. Both spaces will have a food and beverage component.

The founding partnership “includes the entitlement activations and a commitment from Pechanga to give back to the community,” said Jason Gannon, managing director of SoFi Stadium and Hollywood Park. “They have a long-standing tradition of being involved in the Southern California community.”

“As we were thinking about partners, we wanted to find organizations that met our vision of the project. Pechanga ticked all the boxes,” he said. “Given our community-first orientation, Pechanga is a great fit.”

Gannon said he could not discuss whether future in-venue sports betting at the stadium played a role in SoFi Stadium’s decision to partner with the established sportsbook provider. Sports wagering is not yet legal throughout California, but the timing of the deal is interesting, one sports marketer said, considering “nothing will happen with sports betting in California without Indian gaming being involved.”

Pechanga Resort Casino has a strong presence at sports and entertainment venues in Southern California. The casino holds naming rights for Pechanga Arena San Diego, home of three minor league teams, and has deals with the Los Angeles Lakers and Los Angeles Angels of Anaheim.

At Tuesday’s event in Inglewood, to kick off the community give-back, SoFi Stadium and Pechanga will team with the city’s chapter of U.S. Vets to give military veterans a complimentary on-site shopping experience for necessities they can use this holiday season. The event includes food trucks, mascots and cheerleaders.

“It will be a storelike experience,” Gannon said. “We want to show our appreciation and give back.”

In addition, Schools on Wheels, an organization of volunteers who provide free tutoring and mentoring to children living in shelters, motels, vehicles and group homes, will receive a cash donation.

Pechanga has already pledged $100,000 in grants to Inglewood’s Morningside High School.

“The partnership for Pechanga means that it’s an aligning of the two great brands,” said Jared Munoa, president of the Pechanga Development Corp. “This partnership gives us a visibility opportunity to millions of fans, and it also gives us the opportunity to do what Pechanga does naturally, and that’s to give back to the communities we are a part of.”

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Pechanga Resort Casino joins American Airlines and Pepsi as founding partners.

SoFi Stadium opens with a pair of Taylor Swift concerts July 25-26, followed by Kenny Chesney (Aug. 1) and Motley Crue, Def Leppard, Poison and Joan Jett (Sept. 5). The NFL preseason begins in August.

VenuesNow staff contributed to this report.

MEADOWLANDS, N.J. (PIX11) -- This year, four casinos in Atlantic City have closed or will close before the autumn. In the wake of those closures in South Jersey, there's yet a new proposal to open a casino much closer to New York City.

But with a handful of casinos within a 90-minute drive of the city already in existence, would a new New York metro area casino oversaturate the market? And would lawmakers greenlight the venue at all? Some north Jersey business leaders are at least hoping for the chance to have those questions seriously considered.

'This is like the next in a continuing development piece that rounds out the Meadowlands sports entertainment complex,' said Jim Kirkos, CEO of the Meadowlands Regional Chamber of Commerce.

He unveiled a major proposal, called a vision plan, on Tuesday for the construction of multiple buildings at the Carlstadt, New Jersey, complex that features MetLife Stadium at its center. The new proposal calls for a casino hotel to be built, along with accompanying parking garages, next to the new Meadowlands grandstand at its horse racing track.

The proposal, however, comes five weeks after Jersey City mayor Steven Fulop officially confirmed that a mega casino, complete with a 90 story hotel and condominium tower, is in the works along his city's waterfront.

The biggest difference between the Jersey City proposal and the one put forward by the Meadowlands is that Jersey City already has an experienced developer signed on to the project. Paul Fireman is the founder of the Reebok athletic wear company, as well as creator of the world class Liberty National golf course, which is situated right next to the Jersey City casino site.

Megastar Justin Timberlake hits the links regularly at Liberty National. It's a reminder of the potential star power a casino and entertainment complex could bring to that city, which faces the Manhattan skyline.

'This is certainly not about whether it should be the Meadowlands or Jersey City,' Kirkos told PIX11 News. But he added, 'If there's an expansion of gaming outside of Atlantic City, the Meadowlands should be the first place.'

The reason for that, he said, was that the main point of the Meadowlands proposal is not the casino. The plan also features a monorail system that would connect the casino hotel, parking garages and another proposed Meadowlands hotel and convention center that would be built between the Izod Center arena and the American Dream entertainment complex there.

However, American Dream, one of New Jersey's largest buildings, has been sitting, empty and unfinished, for nearly a decade. That begs the question of whether or not an adjacent casino hotel could be successful, as well.

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One answer could be seen in front of Grand Central Terminal at midday. That's when the hourly luxury coach to the casino at Aqueduct Racetrack, in Queens, arrives to pick up and drop off gamblers. At 1:00 P.M, when PIX11 caught up with the bus, it was empty.

However, the Resorts World venue is profitable, and in a PIX11 unscientific survey, every New Yorker polled said they would be open to the idea of gambling right across the Hudson.

'Jersey City, it's a PATH train ride,' said Elliot Paulino, who added that he has relatives who live there. 'I don't see it as being too far.'

Brooklyn resident Jacob Goldstein told PIX11 News, 'I'd have to see about transportation, cost, amenities, then sit down and see what's good out there.'

Linda Manfredi is the founder of the 9/11 charity, the Firefighter Joseph Maffeo Foundation. It's named after her brother, who lost his life in the Twin Towers. The foundation holds an annual casino night fundraiser, and Manfredi said she would not only patronize a North Jersey casino if one were built, she'd even consider holding her annual fundraiser at one.

'Having the event at a casino would probably, I think, it might change the dynamics,' said Manfredi, 'but I think it might be something to look into.' She added that the greatest incentive to hold a casino night fundraiser at an actual New Jersey casino would be the willingness of the facility to donate space and services.

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'To also serve the community,' she said.

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In order for any casino to be built in New Jersey outside of Atlantic City, the state constitution would have to be amended. Gov. Chris Christie has said that he would be willing to consider allowing that process to begin. However, that is not an endorsement of the change in any way. In other words, a North Jersey casino could be years away, if it happens at all.