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>Coming from a lay person I'd imagine it would remain with that name until the contract is up for renewal. As a lawyer, not a transactional lawyer so this is p
by rhino369 4y ago
>Coming from a lay person I'd imagine it would remain with that name until the contract is up for renewal.
As a lawyer, not a transactional lawyer so this is pretty far outside my expertise, I'd imagine they'd include some provisions for this type of scenario in the agreement. Even if it didn't, the stadiums owners would probably offer FTX some sort of partial refund to give up the naming rights, which they would have to to pay back their creditors. They could even just breach the agreement and offer a settlement.
Eron field got renamed pretty fast. So will this stadium.
- theideaofcoffee 4y agoThank you for those points!