Quiet

[npsh]

Jan 18, 2018 17:15:10 GMT -4 Captain Obvious said:

Jan 18, 2018 17:14:24 GMT -4 jimmy said:

I had heard rumblings in the grapevine that UNI was a possible naming rights option ... no idea the validity of that ...

makes a lot of sense...new brand trying to make a name for itself...

Indeed, forgot about them. NB Francophone Credit Union , nothing wrong with that be nice to see in my view, speaking as a unilingual English person.

[Beaver Banker]

$500k seems high to me.

Outside of Halifax, I can't find a naming right agreements on a building whose major tenant is a CHL team worth near that much (though to be fair, many of the agreements are announced without disclosing the overall value). Saskatoon got $350k/yr in 2014 at the SaskTel Centre. St Catharine's (also a brand new building) got just over $200K/yr for 25 years in 2013 from Meridian. The only one that might be close to Halifax is Regina, believed to be around $500K/yr, though those details weren't disclosed officially.

Closer to home, Eastlink reported paid between 50-100K for the Civic Centre in Ch'town. Shawinigan's deal with Bionest was worth $50k/yr when they signed it in 2009, though that's been renewwed once since then. Saint John has been reportedly trying to find a partner for naming rights for a few years now, unsuccessfully.

I hope I'm wrong, and someone steps up with big corporate money to help sustain a public building - the investment by ScotiaBank here in Halifax has allowed upgrades and repairs that would not have been easily completed within the constraints of normal municipal operations. I just have a hard time seeing $500K as the number.

[npsh]

Scotia Bank aka Bank of Nova Scotia was founded where, Halifax. Perhaps nostalgia had a hand with the anti- up of that kind of money and wanting to be an example of a fine corporate citizen. Same may apply to the Francophone Credit Union from this neck of the Province of NB, who knows.