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CenturyLink doubling investment in Seahawks stadium naming rights

The price tag on the naming rights for the Seattle Seahawks' home stadium is set to double under the terms of new deal between the team and CenturyLink.

The two parties announced a naming rights extension on May 15 and on Wednesday it became known that the company is set to pay $162 million over 15 years from 2019 to 2033, according to a report from the Spokesman-Review.

CenturyLink told a special legislative advisory committee during a hearing in Olympia that it's already seeking approval from the state Public Stadium Authority, which is expected to approve the deal, according to the newspaper.