However, locally based PNC Financial Services purchased the stadium's naming rights in August 1998.[1][26] As per the agreement, PNC Bank will pay the Pirates approximately $2 million each year through 2020, and also has a full-service PNC branch at the stadium.[27][28] The total cost of PNC Park was $216 million.[5][6] Shortly after the naming rights deal was announced, the city of Pittsburgh renamed the 6th Street Bridge near the southeast corner of the site of the park the Roberto Clemente Bridge as a compromise to fans who had wanted the park named after Clemente.[29]