Marv's Neighbor Posted August 28, 2015 Share Posted August 28, 2015 Maybe it should be named after whomever holds the outstanding debt. I know, the Oppressed Taxpayers of WNY is not really catchy, but it does have a touch or reality! Link to comment Share on other sites More sharing options...
PromoTheRobot Posted August 28, 2015 Share Posted August 28, 2015 Maybe it should be named after whomever holds the outstanding debt. I know, the Oppressed Taxpayers of WNY is not really catchy, but it does have a touch or reality!Except that Pegs is building his own place. Link to comment Share on other sites More sharing options...
Kirby Jackson Posted August 28, 2015 Share Posted August 28, 2015 I wouldn't think that naming rights would come until the new stadium (Pegula said as much). In addition, I would think that Delaware North will be the naming rights partner and it will be rolled into their concession deal. It is just a guess at this point but would make a lot of sense. Link to comment Share on other sites More sharing options...
PolishDave Posted August 28, 2015 Share Posted August 28, 2015 I wouldn't think that naming rights would come until the new stadium (Pegula said as much). In addition, I would think that Delaware North will be the naming rights partner and it will be rolled into their concession deal. It is just a guess at this point but would make a lot of sense. Delaware North has that kind of cash or bargain value in exchange for cash? I was going to say no way until I looked them up on Wikipedia. Way bigger company than I realized. Link to comment Share on other sites More sharing options...
Kirby Jackson Posted August 28, 2015 Share Posted August 28, 2015 Delaware North has that kind of cash or bargain value in exchange for cash? I was going to say no way until I looked them up on Wikipedia. Way bigger company than I realized. Yeah, it is a massive company and has grown quite a bit with their casino ties. It will be structured in a way where they will basically buy the naming rights and concession rights (with potentially some sort of split depending on how much the contract is for). It can probably be structured as something like $22M a year for 10 years and they get naming rights and 100% of concession revenue and staffing costs OR $15M a year for 10 years and they get naming rights and 50% of concession revenue and pay their own staffing. I really didn't work out the numbers in my head but something like that. Link to comment Share on other sites More sharing options...
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