Braves unveil new stadium's name

Atlanta, GA (SportsNetwork.com) - The Atlanta Braves' new stadium will be named SunTrust Park.

The Braves and Atlanta-based SunTrust Banks, Inc. announced a 25-year sponsorship deal as part of the official groundbreaking ceremony on Tuesday.

"This is a once-in-a-generation opportunity to partner with a great organization that shares our values for winning and serving the community," SunTrust chairman and CEO William H. Rogers, Jr. said in a statement. "This partnership provides SunTrust increased visibility on a regional and national level through a truly unique mixed-use development that will attract fans and visitors throughout the year. Importantly, it will help us reach more people as we fulfill our bank's purpose of lighting the way to financial well-being."

The stadium will be built in Cobb County, Georgia, and is expected to be ready for Opening Day of the 2017 season. It will still have an Atlanta address and will be located at the northwest intersection of Interstate-75 and I-285.

"The new ballpark constitutes a new chapter in Atlanta Braves baseball, and we are excited that SunTrust has decided to build upon our decades-long relationship and embark on this journey with us," Braves chairman and CEO Terry McGuirk said in a statement. "Both of our organizations have deep roots in Atlanta and loyal fans throughout the Southeast and across the nation. We couldn't imagine a more perfect partner and look forward to seeing the first pitch at SunTrust Park in 2017."

Turner Field has been the Braves' home since 1997.