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Closing Bell

Target Center Naming-Rights Deal Extended; Renovations Pushed Back

The T'Wolves today announced that Target has extended its naming-rights deal for Target Center, and the arena will receive a new logo as part of the renewal. The naming-rights deal for the arena, at 25 years, is the longest running in U.S. pro sports (T'Wolves).

Also today, the T'Wolves and Lynx revealed that the arena's $129M renovation "won't be complete until 2017," a shift from the previous timeline in which "most of the work" was to be done in summer '16. The effort has been "delayed repeatedly due to rising construction costs" (BIZJOURNALS.com, 10/13).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

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On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

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