Arena Digest

Monday, May 21st

Last update03:04:03 AM GMT

You are here: Basketball NBA Naming-rights deal for New Orleans Arena draws criticism

Naming-rights deal for New Orleans Arena draws criticism

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New Orleans Hornets

The decision by the Louisiana Seafood Promotion and Marketing Board to purchase naming rights to New Orleans Arena is drawing criticism from state legislators.

The arena is home to the New Orleans Hornets (NBA).

The board is using money from a $30-million settlement account relating to the BP oil catastrophe in the Gulf of Mexico in 2010. Some state legislators want to see the money spent outside the state to promote the state's seafood industry, reports WWL-TV.

The naming-rights deal is tied into discussions of a long-term lease for the Hornets at the arena; if the Hornets walk away from a long-term deal, the board would not follow through with the purchase of naming rights.

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Naming-rights deal for New Orleans Arena draws criticism | NBA

Arena Digest

Monday, May 21st

Last update03:04:03 AM GMT

You are here: Basketball NBA Naming-rights deal for New Orleans Arena draws criticism

Naming-rights deal for New Orleans Arena draws criticism

E-mail Print
New Orleans Hornets

The decision by the Louisiana Seafood Promotion and Marketing Board to purchase naming rights to New Orleans Arena is drawing criticism from state legislators.

The arena is home to the New Orleans Hornets (NBA).

The board is using money from a $30-million settlement account relating to the BP oil catastrophe in the Gulf of Mexico in 2010. Some state legislators want to see the money spent outside the state to promote the state's seafood industry, reports WWL-TV.

The naming-rights deal is tied into discussions of a long-term lease for the Hornets at the arena; if the Hornets walk away from a long-term deal, the board would not follow through with the purchase of naming rights.

----

Sign up for the free weekly Arena Digest newsletter and keep up with the latest happenings! You can sign up here.

We're on Facebook!

Follow Arena Digest updates on Twitter!

We're on Google+! Add us to your circles.