What a great name for our new arena—and it is so congruent with our history as the gateway to the Gold Rush of 1849—as reported by the Sacramento Bee.
The Golden 1 Credit Union has put its name on many coffee mugs. Now, the Sacramento-based company is putting it on an arena.
Executives with California’s largest credit union joined Sacramento Kings officials Tuesday morning downtown to announce they have signed a deal to name the Kings’ downtown facility Golden 1 Center, said to be worth millions a year.
Speaking at a ceremony across the street from the arena, Golden 1 CEO Donna Bland described the arrangement as more than a business deal or advertising coup for her company.
“We are more than just a name on a building,” she said. “This an investment in the future of Sacramento.”
The $477 million facility, under construction at the site of the former Downtown Plaza shopping center, is set to open in October 2016. It will host Kings basketball games, concerts and other events.
Retrieved June 17, 2015 from http://www.sacbee.com/news/local/city-arena/article24618010.html