Well....it looks like we have a name for the new arena. Thoughts?
Well....it looks like we have a name for the new arena. Thoughts?
Tax motivated tactic. Probably couldn't get anyone else to pay enough so LC paid the RWs a lot of tax deductible money and the RW, which may be operating at a loss, avoids paying a lot of taxes.
SWAG obviously.
Looks like the LED roof is not happening.. to be replaced with a giant LC logo instead.
The name is bad. If they wanted a 'legacy' name, call it Ilitch Arena.
PS - I can never remember if that name has 1 l or 2.
Arena! Arena!
No surprise. A number of us suggested it earlier this year...
Yuck, what a disappointment.
What is the nickname going to be? The Hot and Ready?
Ewwwwwwwwwwww
Yuck. I'm going to stick with "Red Wings Arena"
Interesting. I'm not offended, but I am curious about the finance aspect- Since the Ilitch family owns Olympia Entertainment as well as Little Caesars' Pizza, how does it work exactly that LCP pays Olympia Entertainment for the stadium branding rights? Is it as simple as one family owned corporation cutting a check to another? [[I am mindful, for example, that Mike Ilitch is not a named stakeholder in the Motor City Casino gambling operation, due to MLB restrictions on that kind of thing). As such, does it "really" help to offset costs in building/maintaining the stadium by having a wholly-owned "sister" company be the main sponsor?
No surprise there.
But even if they put that logo on the roof, it doesn't mean they aren't doing the LED roof to display other images. It might just be predominately that image.
They all but said the LED roof is gone. Tom Wilson said the sides of the building "made out of aluminum" will be able to "project images"
They kind of hinted this was coming when they said a couple months back that an LED roof might not work due to the weight of it. Oh well, would've been way cooler.
The roof LEDs were an awesome part of the concept. Why even announce that if you can't deliver?They all but said the LED roof is gone. Tom Wilson said the sides of the building "made out of aluminum" will be able to "project images"
They kind of hinted this was coming when they said a couple months back that an LED roof might not work due to the weight of it. Oh well, would've been way cooler.
Name is obviously terrible.
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