The Glide Memorial Choir kicked off the carefully orchestrated naming rights event on Thursday. It was such a big deal that NBA MVP Steph Curry attended.
Steph Curry on hand for Warriors' announcement of naming rights for SF arena. Chase Center! pic.twitter.com/NvJxriAH97— carolyn tyler (@ctylerabc7) January 28, 2016
"With the new sports and entertainment center, we will be chasing NBA titles for the next 50 years as well," said Warriors CEO Joe Lacob.
Chase Center will be the name of the arena the Warriors plan to open in San Francisco's Mission Bay neighborhood. The terms were not disclosed, but the deal with JP Morgan Chase will help the team owners pay for the $1 billion privately financed facility.
When asked how they decided to go with Chase rather than a local company, Lacob said, "They are a global financial player, a global financial player, and already had experience with these arena naming rights deals before, as you know, Madison Square Garden."
The Warriors present the CEO of Chase with a blue&gold guitar to celebrate naming rights for planned SF arena. pic.twitter.com/TwkNCuqPTv— carolyn tyler (@ctylerabc7) January 28, 2016
But the arena is not a done deal.
"Any announcement about naming rights for an arena in Mission Bay is premature," said Mission Bay Alliance spokesperson Alex Doniach.
She speaks for the group that has filed lawsuits arguing the project doesn't comply with environmental laws and will cause traffic nightmares. But the legal action seemed to be a non-issue here.
"We're confident that this is such an asset to San Francisco that it'll get built in time in 2019," said Kristin Lemkau with JP Morgan Chase.
And to win in the court of public opinion, Thursday's event included a performance by the lead singer from Lady Antebellum to show that the arena expects to host 200 family friendly events.
And Steph Curry played to one of his biggest strengths.
Warriors pulling out all the stops to show what a Chase Center will bring besides bball. Lady Antebellum! pic.twitter.com/qhxyjicFpK— carolyn tyler (@ctylerabc7) January 28, 2016
"If Riley was here and saw Disney on Ice, we'd have tickets," he said.
Not so fast. There's a hearing Friday on one of the legal challenges.
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