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Progressive Field
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==Naming rights== [[File:Progressive Field May 2022.png|thumb|right|View from Right Field upper deck]] Naming rights were acquired in 1994 by team owner [[Richard Jacobs (businessman)|Richard E. Jacobs]], who paid for rights until the end of 2006. The Jacobs Field name gave rise to the nickname "The Jake" for the ballpark.<ref name="new name">{{cite web|title=Indians Find Progressive Partner|url=http://cleveland.indians.mlb.com/news/article.jsp?ymd=20080111&content_id=2343558&vkey=news_cle&fext=.jsp&c_id=cle|publisher=[[Major League Baseball Advanced Media]]|date=January 11, 2008|access-date=July 12, 2012|url-status=dead|archive-url=https://web.archive.org/web/20080115135135/http://cleveland.indians.mlb.com/news/article.jsp?ymd=20080111&content_id=2343558&vkey=news_cle&fext=.jsp&c_id=cle|archive-date=January 15, 2008|df=mdy-all}}</ref> The Indians announced on January 11, 2008, that naming rights to the park had been purchased by [[Progressive Corporation]], a major insurance company headquartered in the nearby suburb of [[Mayfield, Ohio|Mayfield]], for $58 million over 16 years through 2024.<ref name="new name"/><ref name=progressive>{{cite news |title=Indians sell field's naming rights for $58 million over 16 years |url=http://www.espn.com/mlb/news/story?id=3191639 |agency=Associated Press |work=ESPN.com |date=January 11, 2008 |access-date=November 28, 2016}}</ref> Removal of the iconic Jacobs Field sign on the front of the building began the morning of January 18,<ref>{{cite news |title=Jacobs Field Sign Passes Into History|first=Robert L.|last=Smith|url=http://blog.cleveland.com/metro/2008/01/jacobs_field_sign_passes_into.html|newspaper=[[The Plain Dealer]]|location=Cleveland|date=January 18, 2008|access-date=January 18, 2008}} Includes video.</ref> and the replacement sign was installed on March 25.<ref>{{cite news|title=The Cleveland Indians Unveil New Progressive Field Sign|first=Lonnie III|last=Timmons|url=http://videos.cleveland.com/plain-dealer/2008/03/the_cleveland_indians_unveil_n.html|newspaper=[[The Plain Dealer]]|location=Cleveland|date=March 25, 2008|access-date=March 25, 2008|archive-url=https://web.archive.org/web/20131006160212/http://videos.cleveland.com/plain-dealer/2008/03/the_cleveland_indians_unveil_n.html|archive-date=October 6, 2013|url-status=dead}} Includes video.</ref> Progressive agreed to pay [[United States dollar|$]]57.6 million for the naming rights for 16 years.<ref>{{cite news |title=Goodbye 'Jake'|first=Bill|last=Lubinger|url=http://blog.cleveland.com/plaindealer/2008/01/goodbye_jake.html|newspaper=[[The Plain Dealer]]|location=Cleveland|date=January 12, 2008|access-date=January 12, 2008}}</ref><ref name="partner">{{cite news|title=Indians Find Progressive Partner|first=Anthony|last=Castrovince|url=http://cleveland.indians.mlb.com/news/article.jsp?ymd=20080111&content_id=2343558&vkey=news_cle&fext=.jsp&c_id=cle|publisher=[[Major League Baseball Advanced Media]]|date=January 11, 2008|access-date=January 12, 2008|url-status=dead|archive-url=https://web.archive.org/web/20080115135135/http://cleveland.indians.mlb.com/news/article.jsp?ymd=20080111&content_id=2343558&vkey=news_cle&fext=.jsp&c_id=cle|archive-date=January 15, 2008|df=mdy-all}}</ref> Naming rights for Progressive were extended on April 3, 2024 for an additional 12 years until at least 2036, with an option to extend by 5 years to 2041 if the current lease on the ballpark was extended.<ref>{{Cite web |title=Cleveland Guardians, Progressive Insurance extend naming rights to Progressive Field through 2036 |url=https://www.mlb.com/press-release/press-release-cleveland-guardians-progressive-insurance-extend-naming-rights-to-progressive-field-through-2036 |access-date=2024-04-11 |website=MLB.com |language=en}}</ref>
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