good news; Alex Smith announce his return to the Washington Commanders with full commitment……
NEW YORK CITY - APRIL 23: Quarterback Alex Smith (Utah) sits at a table during the 70th NFL Draft on April 23, 2005 at the Jacob K. Javits Convention Center in New York City. Smith was drafted first overall by the San Francisco 49ers. (Photo by Chris Trotman/Getty Images)
This one is worth more on average than the $7.5 million annually FedEx paid for naming rights under the previous $205 million agreement, according to a person with knowledge of the deal. The person spoke to The Associated Press on condition of anonymity because financial terms were not released.
The deal with Northwest Federal Credit Union also puts the company’s logo on the team’s practice jerseys.
Managing owner Josh Harris said Sunday before the preseason finale against New England he was hopeful Washington would have a new stadium by 2030. The current lease at the stadium in Landover, Maryland, runs through 2027, and the new naming-rights deal does not preclude the team from opening a new one before the deal’s completion in 2032.
