Story perspectives

Panthers Extend BofA Stadium Deal, $1.3B Renovation Funded

7/24/2026

Summary

Story summary

The Carolina Panthers and Bank of America signed an extension to keep Charlotte Bank of America Stadium.
The $1.3 billion renovation will be funded with $650 million from the City of Charlotte.
Upgrades will add spaces, a 500-level patio with views, scoreboards, upgraded seats, fan technology and an illuminated crown.
A 4,400-seat venue will host 80-100 events annually.
Panthers owner David Tepper said the deal shows partnership and commitment to the Carolinas.

History

Historical Context

In 1993 the NFL granted the Carolinas its 29th franchise, and the Panthers began play in 1995 while their uptown Charlotte stadium was under construction. Designed by HOK, the venue—originally Ericsson Stadium—opened in summer 1996 and serves as the team’s headquarters, reflecting the era’s trend of municipal investment in NFL arenas. A June 2026 $800 million renovation, expanding the 73,779-seat stadium, continues that partnership model.

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Story summary

The Carolina Panthers and Bank of America signed an extension to keep Charlotte Bank of America Stadium.
The $1.3 billion renovation will be funded with $650 million from the City of Charlotte.
Upgrades will add spaces, a 500-level patio with views, scoreboards, upgraded seats, fan technology and an illuminated crown.
A 4,400-seat venue will host 80-100 events annually.
Panthers owner David Tepper said the deal shows partnership and commitment to the Carolinas.

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