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The Jacksonville Jaguars and Everbank have reached an agreement on a 10-year extension for the team's stadium naming rights. Everbank took over naming rights from Alltel in 2010.

By SI Wire
July 25, 2014

The Jacksonville Jaguars and Everbank have reached an agreement on a 10-year extension for the team's stadium naming rights, The Florida Times-Union's Gene Frenette reports.

Everbank took over naming rights from Alltel in 2010. Frenette reports the deal is expected to be an increase from the five-year, $16.6 million contract to which the sides agreed in 2010.

More: Jags owner: No reason to cut troubled Blackmon

The Jaguars have significantly upgraded the stadium this offseason, including installing poolside cabanas and adding the league's largest video board.

Jacksonville, which finished last year 4-12, was 1-7 at home in 2013. 

More: Jaguars' Offseason Report Card

- Paul Palladino

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