Report: Jaguars, Everbank agree to 10-year extension for stadium name

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.

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.

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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. 

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- Paul Palladino