Raiders Zero In On Preferred Las Vegas Site Chargers' Stadium Approval Nearly "Impossible" Facility Notes White Sox, Guaranteed Rate Partner On Naming Rights Sources: A's Fisher Tours Potential Ballpark Site Saints, Superdome Unveil New Video Boards Hartford Mayor Turns Down Loan For Ballpark Facility Notes Banc of California Signs Deal With LAFC Vikings Building Glass-Walled Bar Outside Stadium
NETS DROP SUIT AGAINST NJSEA; WILL RECEIVE A CUT OF AD MONEY
Published January 18, 1996
The Nets yesterday reportedly dropped a lawsuit against the NJ Sports and Exposition Authority which challenged the name change from Brendan Byrne to Continental Airlines Arena. The deal would reportedly give the Nets a "piece of the" $29M naming rights deal and other ad revenue. A source told AP that some the revenue includes "some that Coca-Cola pays for a sign right outside the arena" (N.Y. POST, 1/18). The deal reportedly brings the Nets' lease closer to the "better terms enjoyed" by the Devils (Bergen RECORD, 1/18).