The Hamilton Tiger-Cats and Tim Hortons are set to announce a naming rights agreement for the new Pan Am Stadium that will see facility bear the coffee shop chain's moniker for 10 years, the Spectator has learned. It will be called Tim Hortons Field.

The Ticats have called a press conference for Friday afternoon where the deal is expected to be made official.

There's no indication how much Tim Hortons paid for the rights.

The Ticats are playing their home games at Alumni Stadium in Guelph, Ont., while the new stadium is being built and is scheduled to move into the new facility in time for the 2014 CFL season.

The new $145.7-million, state-of-the-art facility is being built on the same grounds that the Ticats' long-time venue, Ivor Wynne Stadium, used to stand,

The new stadium will be home for the soccer competition for the 2015 Pan American Games.

The facility will have permanent seating for 22,500 spectators with the ability to be expanded to 40,000 seats for major events.

Ivor Wynne Stadium was demolished following the 2012 CFL season after 84 years of existence to make way for the new venue.

Tim Hortons is the largest publicly-traded restaurant chain in Canada and one of the biggest in North America in terms of market capitalization.

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