Sources: EverBank, Jags Set For Extension Bon Jovi Group Studied Toronto Stadium Sites Broncos Land Three-Year Deal With CenturyLink Food Critic: Ballpark Village Restaurants Disappoint Sporting KC Unveils National Training Center Plans NFL Panthers Rule Out Public Cash For Renovations Tax Hikes Suggested To Fund UNLV Stadium UK Targets '15 To Finish Football Upgrades A's Settle 10-Year Lease Extension With Oakland Bank Of America Stadium Expands Hosting Options
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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).