This is the most exciting thing in sports naming rights since the naming rights for the stadium the Houston Astors play in was bought by Enron in 2000.
The Asros facility had been called Enron Field since it opened in 2000. Enron, the bankrupt energy company, had agreed to pay $100 million over 30 years to have its name on the facility during that time.
Despite the company's bankruptcy filing, Enron was current in payments to the team but the team filed a motion with the bankruptcy court to get the naming rights back, saying it was being hurt by the association with the Houston-based company and that it was concerned that Enron would seek to resell the naming rights for the stadium without the team's approval. It is now known as Minute Maid Park.
The facility where the Golden State Warriors will play in San Francisco, beginning in 2009, will be known as Chase Center.
The Warriors currently play in Oakland, CA at Oracle Center.
-RW
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