Canadian Tire, Sens Deal Described As "Massive" Falcons' Stadium Builders Offered Incentives Lurie Talks Potential Of Philly Super Bowl Cal Looking To Pay Off Stadium Bill MGM, AEG To Finance Las Vegas Arena ISC Board Approves Daytona Upgrades Canadian Tire Signs Senators' Naming Rights Falcons' Stadium Design Concept Approved Jazz Unveil Plans For New Videoboards Wolff: Sewage Issue Won't Push S.J. Talks
Upcoming Conferences and Events
SBD/26/Facilities Venues
HAVE GUND, WILL SPONSOR
Published September 26, 1994
Gordon Gund, principal owner of the Cavaliers, is "paying $14M over 20 years to have the Gateway arena named the Gund Arena." Four other entities bid for naming rights, although only KeyCorp and McDonald & Co. Securities Inc. were "publicly linked to negotiations." Gund will pay the same price that Indians owner Richard Jacobs paid for the rights to Cleveland's new baseball stadium. The $28M from the two deals will help pay off a $120M loan from Cuyahoga County (Harry Stainer, Cleveland PLAIN DEALER, 9/25).
