Snapshot
November 06, 2014

Sprint signs on as for Sprint Center

Participating in this sponsorship deal:

Data Data?1415805741

About Sponsor:

Sprint Nextel Corporation is a telecommunications company based in Overland Park, Kansas. The company owns and operates Sprint, the third largest wireless telecommunications network in the United States, with 52 million customers, behind Verizon Wireless and AT&T Mobility. Sprint Nextel also owns a separate wireless division, Sprint Prepaid Group which offers prepay wireless services as Boost Mobile and Virgin Mobile USA.

About Property:

Sprint Center is a large, multi-use indoor arena in downtown Kansas City, Missouri. The building is located at 14th Street and Grand Boulevard, on the east side of the Power & Light District. The arena's naming rights partner is the telecommunications company Sprint, whose headquarters is in nearby Overland Park, Kansas.

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Sprint will pay $2.5 million each year for 25 years for the naming rights. The full payment is contingent on officials of Kansas City and developer Anschutz Entertainment Group attracting an NBA or NHL franchise to use the arena. If that doesn't happen, Sprint's annual payments would decrease to $1.7 million a year, or $42.5 million total.
Read more at www2.ljworld.com »
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