It’s a sad and a happy day in Arlington.
The Texas Rangers and Globe Life And Accident Insurance Company have entered a 10-year agreement for the naming rights to the team’s ballpark.
The venue, formerly known as Rangers Ballpark in Arlington, will become “Globe Life Park in Arlington” effective immediately.
“Globe Life is the perfect partner–a Texas-based company that has been helping families with their insurance needs for more than 60 years,” commented Rangers Co-Chairmen Ray Davis and Bob Simpson.“This agreement makes us a stronger organization–on the field and in our community. It will give us increased flexibility and help us remain competitive from both short-term and long-term perspectives. Globe Life Park in Arlington will continue to be the place for families and all Rangers fans to enjoy a great baseball experience. The Texas Rangers are proud to be entering into a long-term agreement with Globe Life.”
This isn’t the first time the Rangers sold the naming rights to our beloved ballpark. The home of the Rangers opened in 1994 as the Ballpark in Arlington, but was temporarily named Ameriquest Field from 2004-07. The name was again changed when Ameriquest Mortgage was shut down.
The Globe Life and Accident Insurance Company has executive offices in Oklahoma City, but the company is a wholly owned subsidiary of Torchmark Corporation, which is based in McKinney, so I guess it does have a local spin on it.
“Sponsorship of Globe Life Park in Arlington is a natural fit for Globe Life And Accident Insurance Company,” said Globe Life President Bill Leavell. “As the life insurance provider for more than 330,000 policyholders in the great state of Texas, we look forward to expanding our community involvement and helping make a difference in the lives of Texas families.
Read more on our new ballpark name, here!