Golden 1 Center, new home of the Sacramento Kings

ADoaN17 · Post #1 » by **ADoaN17** » Tue Jun 16, 2015 4:08 pm

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-kings

I think its a pretty good name with local ties. Also Vivek got a ton of money out of the deal.

Post #2 » by **City of Trees** » Tue Jun 16, 2015 4:44 pm

$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.

Post #3 » by **codydaze** » Tue Jun 16, 2015 5:00 pm

I like it. I still think Arco Arena 3.0 would've been baller.

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blind prophet · Post #4 » by **blind prophet** » Tue Jun 16, 2015 5:01 pm

Arco was the best name so far, but this is a heck of a lot better than Power Balance, Sleep Train was amusing too.

Post #5 » by **ICMTM** » Tue Jun 16, 2015 5:26 pm

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!!

teerfour+40LG · Post #6 » by **teerfour+40LG** » Tue Jun 16, 2015 7:20 pm

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!

Kings2013 · Post #7 » by **Kings2013** » Tue Jun 16, 2015 7:30 pm

Where I do my banking

Post #8 » by **City of Trees** » Tue Jun 16, 2015 7:44 pm

Long live the credit unions. Poop on big banks. Too Big To Fail :mad:

JDizzel3000 · Post #9 » by **JDizzel3000** » Wed Jun 17, 2015 7:22 pm

"Golden 1 Palace" would have been fire tho and fitting ......even tho I'm not a kings fan this is exciting for the city

Post #10 » by **City of Trees** » Wed Jun 17, 2015 7:27 pm

We need a nickname for the new arena. Rise guys were talking about that yesterday.

Post #11 » by **Wolfay** » Wed Jun 17, 2015 7:42 pm

Easy. "The G-Spot."

YC42Balla · Post #12 » by **YC42Balla** » Thu Jun 18, 2015 1:08 am

City of Trees wrote:We need a nickname for the new arena. Rise guys were talking about that yesterday.

G1 Center.

Post #13 » by **City of Trees** » Thu Jun 18, 2015 1:22 am

The Crown? It is a funky Crown type shape?

Post #14 » by **City of Trees** » Thu Jun 18, 2015 1:22 am

Wolfay wrote:Easy. "The G-Spot."

:shock::cool:

benchmobbin02 · Post #15 » by **benchmobbin02** » Thu Jun 18, 2015 2:14 am

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!

PaKwAn · Post #16 » by **PaKwAn** » Thu Jun 18, 2015 3:04 am

Oracle 3.0 arena

enderwilson · Post #17 » by **enderwilson** » Thu Jun 18, 2015 6:08 pm

City of Trees wrote:
Wolfay wrote:Easy. "The G-Spot."
:shock::cool:

It's a myth.

Post #18 » by **City of Trees** » Fri Jun 19, 2015 4:07 am

KJ has dubbed it "G1"

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benchmobbin02 · Post #19 » by **benchmobbin02** » Fri Jun 19, 2015 9:41 pm

Seems like the easy option was the best for KJ.