Lakewood Stadium Naming Rights go to First Federal of Lakewood

First Federal Lakewood secures naming rights to Lakewood Stadium

Here’s a great sponsorship that we came across. First Federal of Lakewood (OH) has agreed to a partnership with the Lakewood City Schools, with the school receiving a $320,000 cash infusion in exchange for naming rights for the Lakewood Stadium. The deal is for 10 years. 

First Federal Lakewood Stadium, as it is now called, seats approximately 7,500 people. It is known as one of the prime stadiums in the area and is used for football, soccer and track meets. In addition to being used by Lakewood High School, the facility is also used by St. Edward High School. 

The naming rights agreement includes First Federal’s name and logo on signage, end zones, scoreboard, concession stands and the press box.

The school system said in a news release that the partnership is in direct response to the district receiving less state money and property tax collections due to a still-recovering economy. The bank will pay the district $32,000 per year.