Welcome to Farmers Field
With a display of hyperbole to rival the Super Bowl, promoters of the latest plan to bring professional football back to Los Angeles announced Tuesday that Farmers Insurance has agreed to pay $700 million to attach its name to the proposed downtown stadium. | Vincent Bonsignore: LA's signal-callers can see end zone in sight Kevin Modesti in the Daily News.
The multi-purpose events venue that AEG proposes to build next to Staples Center would be called Farmers Field. The price tag for that right could climb to $900 million if the developers manage to snag two NFL teams, according to sources involved in the deal.

Los Angeles Daily News City Hall reporter 

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