The Miami Marlins have joined the growing trend of selling naming rights to banks or mortgage companies, as media reports say the Marlins ballpark will be known as loanDepot Park beginning Wednesday – just in time for Opening Day.
Details have not been announced. The ballpark has been named Marlins Park since its opening in 2012.
The Marlins joining the White Sox and Guaranteed Rate Field with mortgage-related naming rights. In other banking-related deals, the Braves play at SunTrust Park, the Mets at Citi Field, the Pirates at PNC Park, the Tigers at Comerica Park and the Diamondbacks at Chase Field.
Earlier this month, MLB announced that loanDepot – “the Official Mortgage Provider of MLB” – was named the presenting sponsor of the American and national League Championship Series through 2025.
“We are thrilled to be partners with Major League Baseball and proud to be the presenting sponsor of the American and National League Championship Series,” loanDepot Founder and CEO Anthony Hsieh said at the time. “Most importantly, we are proud to be giving back to the communities in which we live and work and are delighted to be providing opportunities for fans and families nationwide.”