Revolution Stadium Talks With UMass Break Off UNM, WisePies End Arena Naming-Rights Deal Memphis Breaks Ground on Football Facility Facility Notes Timbers Unveil Stadium Expansion Plan Baltimore Mayor, Stronach Group Want Pimlico Replaced No User Fee For U.S. Bank Stadium HS Games Facility Notes Officials Break Ground On Pro Football HOF Village Hotel Mercedes-Benz Stadium To Be Ready By Early August
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COMPAQ FINALLY REACHES THE SUMMIT AFTER CITY COUNCIL OK
Published October 30, 1997
The Houston City Council unanimously approved the agreement that would rename The Summitt as the Compaq Center. Compaq will pay the Arena Operating Company, managers of the city-owned arena, $5.4M over the next six years to upgrade the facility (Compaq). The vote had been delayed as Rockets officials "had been concerned" how the Compaq deal would affect the team's advertising "contract inside the facility." But the Rockets "dropped their request for further delay" after Compaq agreed to negotiate a separate ad deal with the team (HOUSTON CHRONICLE, 10/30).