Panthers add $500M, total stadium renovation cost $1.3B

The Carolina Panthers have committed an additional $500 million to the ongoing renovation of Bank of America Stadium, bringing the total project cost to $1.3 billion and solidifying a long-term naming rights extension with Bank of America. The announcements, made on July 23, 2026, mark a significant escalation of the multi-year effort to transform the 30-year-old venue and its surrounding area into a premier sports and entertainment destination.

The new private funding from owner David Tepper’s Tepper Sports Entertainment, combined with a $650 million public contribution from the City of Charlotte approved in 2024, finances a dramatically expanded vision. The project now includes not only extensive stadium upgrades but also the construction of a new 4,400-seat indoor entertainment venue adjacent to the stadium, designed to host 80 to 100 concerts and events annually.

In a statement, Tepper emphasized the broader goal of the investment. "Our goal is to create experiences that enhance the passion and energy of the region while transforming this corridor into a weekend destination for world-class sports, entertainment and community events," he said. The long-term naming rights...