This afternoon the Houston Dynamo will officially announce a stadium rights naming deal with BBVA Compass, which means that come May 12, 2012, the Houston Dynamo will play their first home game at BBVA Compass Stadium in downtown Houston. Reports indicate that the deal between the Dynamo and BBVA Compass is for ten years at a cost of $20 million.
BBVA Compass is the United States branch of BBVA Grupo, an international bank with a focus on doing business in Latin countries such as Spain, Mexico, Portugal, Peru, Argentina, etc. In the United States, BBVA Compass is headquartered in Alabama and has 716 branches located throughout the Sunbelt, including Texas. BBVA is no stranger to supporting the beautiful game, it has been the named sponsor of the top flight league in Spain since 2008.
The official announcement, which will occur at 3:00 pm central time today, will be streamed live on the Houston Dynamo's website and Here.
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