A Little Ditty on Naming Rights for the New Detroit Red Wings Arena

Olympia Entertainment admitted that it selected a buyer for the Detroit Red Wings' new arena in The District Detroit 50-block area renovation project. Who is it? Who knows! Chris Ilitch, owner Mike Ilitch's son and president and C.E.O. of Ilitch Holdings, disclosed that the formal announcement could come within the next month or so. In the meantime, it may be good to know how naming rights operate so when the announcement is made, we can discuss the deal in an educated fashion and form an opinion on whether it was a smart decision overall.

Jaime, Contracts, NHL, Property, TrademarksJaime MiettinenFebruary 22, 2016Detroit Red Wings, The District Detroit, Joe Louis Arena, Quicken Loans, Stryker, Hockeytown, Little Caesars, Motown, Motor City, Olympia EntertainmentComment