SAS Institute, a Cary-based software company, had naming rights to the soccer park through June 30, 2007 with the option to extend their naming rights for an additional three years. On September 27, 2007, the Town of Cary announced that SAS had not exercised their option on the naming rights and that WakeMed Health & Hospitals had purchased the naming rights to the stadium. Effective January 1, 2008, the stadium became known as WakeMed Soccer Park. The naming rights agreement with Cary is good for three years and cost $300,000 per year.