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Naming-rights deal for New Orleans Arena draws criticism

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 […]

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Chesapeake Energy snares OKC naming rights

{jathumbnail off} The home of the Oklahoma City Thunder (NBA) will have a new name and a new look for the 2011-2012 season (if it happens), as Chesapeake Energy buys naming rights to the arena. The deal for Chesapeake Energy Arena is an extension of an existing relationship between the pair, as Chesapeake is one […]

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Turning around the ship at JQH Arena

Despite some successful events and a main tenant that draws well, Missouri State University is struggling to avoid losses at JQH Arena. One solution: beer sales. The problem for MSU officials: the arena breaks even operationally, but there’s not enough revenue for debt service. The $67-million arena was built after John Q. Hammons stepped up […]

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Big winner in NBA Finals? American Airlines

With American Airlines Arena and American Airlines Center hosting all games in the NBA Finals between the Miami Heat and Dallas Mavericks, there’s one big winner here: American Airlines. Of course, this isn’t the first time American Airlines pulled off the unlikely coup: the two teams met in the 2006 NBA Finals, giving the airline […]

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Quebecor commits real money to new Quebec City arena

{jathumbnail off} Canadian media giant Quebecor is making public its financial commitment to a new Quebec City arena, and it’s pretty substantial: between $110 million and $200 million, depending on whether the facility lands an NHL team. The funding commitment is in two areas and on two levels. First, there’s a baseline commitment of $33 […]

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