Robert Horan / General Manager of Mason Cable Network

Mason announced that the Patriot Center will be renamed EagleBank Arena at George Mason University, effective July 1.

In an email, President Ángel Cabrera wrote that, “The partnership with EagleBank will provide funding for improvements in the Arena, scholarships and internships for students, investments in athletics and engagement by EagleBank professionals in mentorship programs.” Cabrera wrote. “Mason and EagleBank share a commitment to enrich our community culturally and economically.”

Since its opening in 1985, the Patriot Center has been the home of Mason men’s and women’s basketball team as well as hosting concerts, combat sports, circuses and other family events. Mason does not operate the events planning and programming at the arena. That responsibility is carried out by Monumental Sports and Entertainment which also operates the Verizon Center in Washington, D.C.

“This [partnership] is a natural fit that will benefit Mason students and everyone around us,” Cabrera wrote. “EagleBank Arena will continue to be the premier athletic and events venue in our region. And the agreement will create new opportunities for our students.”

In a press conference this morning introducing the partnership, President Cabrera was joined by Athletic Director Brad Edwards, University Rector Tom Davis and EagleBank Chairman and CEO, Ron Paul.

“Mason and EagleBank share a vision an commitment to public service with a strong dedication to educating our youth and strengthening the local economy,” Paul said. “EagleBank is here for Mason, academically and financially, on-campus and off-campus.”

With this partnership EagleBank will commit at least $6.6 million to Mason over the next 10 years — with The Washington Post reporting that EagleBank holds an option to renew the contract for an additional 10 years at a similar rate.

Featured image courtesy of George Mason University and EagleBank.