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NOT MELLON-CHOLY IN PITTSBURGH: PENS NET NEW ARENA SPONSOR

          The Penguins announced a three-year sponsorship deal
     Tuesday with Pittsburgh-based Mellon Bank for advertising at
     Civic Arena, according to Tom Barnes of the PITTSBURGH POST-
     GAZETTE.  Penguins CEO J. Garvin Warden praised the bank for
     helping the team "out of a big financial problem."  Warden:
     "Mellon deserves a lot of credit for stepping up to support
     another Pittsburgh business, especially during this critical
     period."  Both Warden and Mellon Chair & CEO Martin McGuinn
     "refused to say" how much the corporate signage agreement
     with the bank was worth to the Penguins.  Mellon receives:
     its name on backdrops at team press conferences; 30-second
     ads on the arena scoreboard; The Mellon name on two 80' x
     40' murals on the ceiling; ads on 300 feet of rotating signs
     on the arena's skybox facades and six backlit signs at
     entrances to the seating sections on the D-level; Mellon
     customers will also receive Penguins ticket discount offers
     on the backs of their ATM receipts.  Warden said the team
     "is also discussing other marketing projects with Mellon"
     (PITTSBURGH POST-GAZETTE, 12/9).  The TRIBUNE-REVIEW's
     Suzanne Elliott puts the three-year deal worth a total of
     "more than" $1M (Pittsburgh TRIBUNE-REVIEW, 12/9).

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