Candlestick Park
Plans were underway to construct a new 68,000-seat stadium at Candlestick Point. On November 8, 2006, however, the 49ers announced that they would abandon their search for a location in San Francisco and begin to pursue the idea of building a stadium in Santa Clara. As a result, San Francisco withdrew its bid for the 2016 Olympics on November 13, 2006, as its centerpiece stadium was lost. Groundbreaking for the Santa Clara stadium occurred on April 19, 2012. On May 8, 2013, the media announced that the name of the new stadium would be Levi's Stadium. The stadium opened on July 17, 2014, in time for the 2014 NFL season. The 49ers christened their new home a month after it opened.
Monster Cable
In September 2004, Monster paid $6 million in an agreement with the San Francisco 49ers and the city of San Francisco to rename the football team's home stadium from Candlestick Park to Monster Park for four years. $3 million of it was given to the football team and the other $3 million to the San Francisco Recreation and Parks Department. Critics of local politician Matt Gonzales said it was inappropriate for the city to sell the name of a public facility to a corporation, and a ballot was passed ensuring that the name of the park reverted to Candlestick Park in 2008.