Flyers, Sixers home now Wells Fargo Center
It's official
Flyers, Sixers home now Wells Fargo Center
Joseph N. DiStefano
It's official: The former CoreStates-F.U.-Wachovia Center will be the Wells Fargo Center by the time the Flyers start their fall season, Comcast Spectacor spokesman Ike Richman reports here. Philly's indoor teams will play in an arena named for an old West Coast stage coach, transport and banking company that has no prior history here.
The former CoreStates Bank agreed to pay $40 million for naming rights from 1996-2025. Wells Fargo of San Francisco is CoreStates' successor as the region's dominant bank and has inherited the arena naming-rights contract after purchasing failing Wachovia Corp. of Charlotte, NC (which had absorbed Wachovia) at the end of 2008. Wells Fargo also plans to replace the Wachovia name at thousands of East Coast bank branches.
More from Comcast-Spectacor President Peter Luukko: Name change takes effect "immediately." Comcast-Spectacor "is honoring" the 1996 contract with the former CoreStates "that (the bank's) successor shall keep the naming rights" as the name changes. Adds Richman: "Workers will begin removing the Wachovia Center sign" today. Sign replacement "is expected to be completed by Tuesday, September 14," in time for scheduled shows by the singer Lady Gaga.
2025?— rampage412- At this rate in 2025 the arena will be on its 7th different name.— crkreg
- best ever was the F-U center aka the FUNC (pronounced 'FUNK') "F-irst UN-ion C-enter). wells fargo sounds corny— drumminge6
- Wachovia Center sounded weird at first, too. We'll get used to the Wells Fargo Center.— FireTMac&Wheeler!
- Let's just ignore whatever current bank is on the sign and call it the Spectrum.
- You mean The NEW Spectrum, or Spectrum II.— BobbyD
- WFC!— SpeedDemon828
- TFBC - Taxpayer-Funded Bailout Center— barrywil
- mabe one day a champion will play in the home locker room.— Bigdaddy221
- The Stagecoach.— Dave14
- "WFC!" - Who F'ing Cares?
- They can put a stagecoach on the roof for all to see!— CCBanker
- The name is better than "Wachovia" center. Maybe a nickname like "The Well" would stick.— Fo Fo Fo
- Call it "The Vault"— steve081572
- Should have combined old name with the new name and called it the WELL-FACOVIA CENTER! LOL— Omega1985
