Founding level deals like Hewlett-Packard's are typically 10-year agreements worth over $1M annuallyCHASE SENTER
The Warriors have added a fourth Chase Center founding partner in a deal with Hewlett-Packard, making the brand the exclusive provider of IT infrastructure and networking solutions at the venue, which is set to open in September. Terms of the deal were not disclosed, but the founding level deals are typically 10-year agreements worth more than $1M annually. HP joins Pepsi, Accenture and United Airlines as Chase Center founding partners (John Lombardo, THE DAILY).
THE HUMAN ELEMENT: Warriors F Kevin Durant took a tour of the team's future home last Friday ahead of the HP announcement, calling it an "incredible establishment." Durant: "To play basketball in this. It’s a dream come true." In S.F., Al Saracevic noted Durant, a pending free agent, "didn’t say whether he plans to witness that dream in person next season, but you have to figure Chase Center may be the perfect motivation to re-up with the Warriors." Meanwhile, team President & COO Rick Welts was also on hand Friday to "show off his baby," which "looks like a giant spaceship landed in the city." Luckily, "it’s a beautiful structure that will feature massive glass vestibules." The arena itself is also "massive." Welts: "We truly want to be a global destination. This is really about creating memories." Chase Center has been "Welts’ project all along," ever since co-Owners Joe Lacob and Peter Guber "tasked him with getting it done." Welts also "told Durant about the features coming in to help pamper the players." The locker room will have a "full kitchen and chef," plus a barber shop. Durant "seemed to love that idea" (S.F. CHRONICLE, 11/10).
