Group Created with Sketch.
Volume 24 No. 137

Facilities Venues

          First Union Corp. Chair Edward Crutchfield said that
     following the First Union acquisition of PA-based CoreStates
     Financial Corp., First Union's name "will go on" the
     CoreStates Center and that First Union will take over title
     sponsorship of the annual CoreStates U.S. Pro Cycling
     Championships (PHILADELPHIA INQUIRER, 11/20).  Also in
     Philadelphia, Paul Davies reports that the CoreStates Center
     "will be the First Union Center," and that the name change
     will "probably" go into effect in April after the deal is
     finalized (PHILADELPHIA DAILY NEWS, 11/20).  

          NBA Commissioner David Stern said yesterday that the
     NBA "would do a lot to make it happen" if the Maple Leafs
     decide to move into the Air Canada Centre with the Raptors,
     according to Bill Harris of the TORONTO SUN.  Stern: "In
     principle, if it's better for the city to have two
     franchises in one building, we're all for it."   Harris:
     "This is a far cry from the combative Stern who attacked the
     Leafs a little more than a year ago."  Now Stern said any
     possible deal is "not an issue for us.  We made a commitment
     to have a building in Toronto" (TORONTO SUN, 11/20).