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Golden 1 Center, new home of the Sacramento Kings
Posted: Tue Jun 16, 2015 4:08 pm
by ADoaN17
But for those of you with little patience, Sports Business Daily is reporting that that the Sacramento-based Golden 1 Credit Union will be the arena naming rights partner.
The official name for the new downtown arena will be ‘Golden 1 Center’.
According to Sports Business Daily, Golden 1 will pay a total of $120 million over 20 years, which breaks down to $6 million annually. SBD also reported that it is one of the most lucrative naming-rights deals for a ‘single-tenant’ NBA arena.
http://www.sactownroyalty.com/2015/6/16/8789239/golden-1-center-new-home-of-the-sacramento-kingsI think its a pretty good name with local ties. Also Vivek got a ton of money out of the deal.
Posted: Tue Jun 16, 2015 4:44 pm
by City of Trees
$120 million is a good chunk of what Vivek paid for the team. I'll be watching to see how long it takes Vivek & Co. to break even from the purchase price.
The name isn't bad at all, definitely an improvement from Sleep Train Arena. The Basketball side of the franchise may be dysfunctional but the business side and Granger continue to shine. Keeping the naming rights local is a win for Sactown.
Golden 1 Center, new home of the Sacramento Kings
Posted: Tue Jun 16, 2015 5:00 pm
by codydaze
I like it. I still think Arco Arena 3.0 would've been baller.
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Re: Golden 1 Center, new home of the Sacramento Kings
Posted: Tue Jun 16, 2015 5:01 pm
by blind prophet
Arco was the best name so far, but this is a heck of a lot better than Power Balance, Sleep Train was amusing too.
Re: Golden 1 Center, new home of the Sacramento Kings
Posted: Tue Jun 16, 2015 5:26 pm
by ICMTM
Arco is what we're used to. Golden 1 Center is bomb! We're from the Golden State, too! We can't have the bay area and socal representing the whole shibang! Give Sac it's due!!
Re: Golden 1 Center, new home of the Sacramento Kings
Posted: Tue Jun 16, 2015 7:20 pm
by teerfour+40LG
Lol, when I first read this name I was like, "Did they just name this arena after Cousins?!" That is awesome. 6 million per year over 20 years is awesome too. Good work, Vivek!
Re: Golden 1 Center, new home of the Sacramento Kings
Posted: Tue Jun 16, 2015 7:30 pm
by Kings2013
Where I do my banking
Re: Golden 1 Center, new home of the Sacramento Kings
Posted: Tue Jun 16, 2015 7:44 pm
by City of Trees
Long live the credit unions. Poop on big banks. Too Big To Fail
Re: Golden 1 Center, new home of the Sacramento Kings
Posted: Wed Jun 17, 2015 7:22 pm
by JDizzel3000
"Golden 1 Palace" would have been fire tho and fitting ......even tho I'm not a kings fan this is exciting for the city
Posted: Wed Jun 17, 2015 7:27 pm
by City of Trees
We need a nickname for the new arena. Rise guys were talking about that yesterday.
Re: Golden 1 Center, new home of the Sacramento Kings
Posted: Wed Jun 17, 2015 7:42 pm
by Wolfay
Easy. "The G-Spot."
Re:
Posted: Thu Jun 18, 2015 1:08 am
by YC42Balla
City of Trees wrote:We need a nickname for the new arena. Rise guys were talking about that yesterday.
G1 Center.
Posted: Thu Jun 18, 2015 1:22 am
by City of Trees
The Crown? It is a funky Crown type shape?
Re: Re: Golden 1 Center, new home of the Sacramento Kings
Posted: Thu Jun 18, 2015 1:22 am
by City of Trees
Wolfay wrote:Easy. "The G-Spot."
:shock::cool:
Re: Re:
Posted: Thu Jun 18, 2015 2:14 am
by benchmobbin02
YC42Balla wrote:City of Trees wrote:We need a nickname for the new arena. Rise guys were talking about that yesterday.
G1 Center.
Sounds legit!
Re: Golden 1 Center, new home of the Sacramento Kings
Posted: Thu Jun 18, 2015 3:04 am
by PaKwAn
Oracle 3.0 arena
Re: Re: Golden 1 Center, new home of the Sacramento Kings
Posted: Thu Jun 18, 2015 6:08 pm
by enderwilson
City of Trees wrote:Wolfay wrote:Easy. "The G-Spot."
:shock::cool:
It's a myth.
Posted: Fri Jun 19, 2015 4:07 am
by City of Trees
KJ has dubbed it "G1"
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Re: Golden 1 Center, new home of the Sacramento Kings
Posted: Fri Jun 19, 2015 9:41 pm
by benchmobbin02
Seems like the easy option was the best for KJ.