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Orlando Magic’s D-League team signs naming rights deal for arena – The Stadium Business

The team shares more than a third of its naming-rights. deal. Latvian center Andris Biedrins, drafted in 2004, has underachieved since signing a six-year, $62 million extension in 2008. As he.

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Miller Lite, another team partner, does not have exposure at Cowboys Stadium. deal with the Orlando Magic to put its name on a seven-story parking garage next to Amway Center, the NBA club’s new.

Orlando Magic's D-League team signs naming rights deal for arena. Posted by TheStadiumBusiness; on 25th May 2017. lakeland magic, the D-League.

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RP Funding Center New Name of Lakeland Magic’s Home Arena. Posted: May 23, 2017. naming rights agreement will generate additional revenue toward the operation and maintenance of the facility.

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said EJ Narcise, of Baltimore sports-marketing firm Team Services LLC. But Moda officials say they are convinced that committing significant money to the arena and to. helped broker 25.

The name of the Orlando Magic's new arena will sound familiar. The team and Amway Global have reached a 10-year $40 million naming-rights. price for an NBA naming-rights agreement, according to Sports Business Journal, keep the resulting revenue from any naming-rights deal and from signage.

More than half of the league's teams should produce eight-figure profits.. Wesley Edens and Marc Lasry for $550 million (without an accompanying arena), 2016 is when the NBA's current national TV deal expires – an. TV rights fees are what networks pay to sports leagues for the right to air games.

Lakeland Magic, the D-League development team of NBA basketball franchise Orlando Magic, has secured a naming rights partner for its new home arena. Florida-based direct mortgage lender RP Funding will acquire the naming rights to the Lakeland Center, which will now be renamed as the RP Funding Center.

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This is a great deal for the city of Orlando, but undoubtedly leaves Magic management looking on hungrily. $100 million commitment from the parent company of KFC for naming rights to the team and.

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As part of its presentation to teams when briefing them to participate in the esports league, the nba offered teams the right to sell the naming rights on their virtual stadium. Indiana Pacers,

Florida Atlantic University has come under fire for accepting a massive donation from private prison administration company the GEO Group in exchange for naming rights at the Owls’ new football.