The Ballpark in Arlington is now Globe Life Park in Arlington, the Rangers announced. The team sold the stadium's naming rights to Globe Life Insurance, which will work with the Texas Rangers Foundation, according to team owner Ray Davis.
"We are excited to see the Globe Life name on this beautiful facility," said Globe Life president Bill Leavell. Davis said the agreement "increases flexibility to remain competitive long-term and short-term."
The ballpark opened in 1994 and was called The Ballpark in Arlington from 1994-2004. It was renamed Ameriquest Field in Arlington from 2004-07 before going back to its original name.
The multimillion dollar deal with Globe Life is for 10 years.