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Philips Arena to be renamed State Farm Arena

Posted on 8/29/18 at 12:46 pm
Posted by Rhino5
Atlanta
Member since Nov 2014
28907 posts
Posted on 8/29/18 at 12:46 pm
quote:

he deal will be for 20 years for the facility, which will be named State Farm Arena. That term was the same that Philips held with the franchise which was set to expire next year. The deal is for $175 million as first reported by Channel 2 Action News and confirmed by The Atlanta Journal-Constitution. The deal was announced Wednesday and a press conference is scheduled for later today. The arena has undergone an extensive $192.5 million renovation in multiple phases over the past two years. The work is scheduled to be completed in October and will be ready for the Hawks 2018-19 regular season.


Ajc
This post was edited on 8/29/18 at 12:48 pm
Posted by Wally Sparks
Atlanta
Member since Feb 2013
29280 posts
Posted on 8/29/18 at 1:34 pm to
Could be worse, especially since:

quote:

The deal is for $175 million


That's pretty damn nice for a 20-year-old arena.
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79381 posts
Posted on 8/29/18 at 4:34 pm to
"The Farm"
Posted by Korin
Member since Jan 2014
37935 posts
Posted on 10/30/18 at 4:49 pm to
Should've renamed it after the Omni.
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