Sunday, November 29, 2015

Flyers, Sixers home now Wells Fargo Center

It's official

Flyers, Sixers home now Wells Fargo Center

The home of the Sixers and Flyers will now be known as the Wells Fargo Center instead of the Wachovia Center. (Charles Fox / Staff File Photo)
The home of the Sixers and Flyers will now be known as the Wells Fargo Center instead of the Wachovia Center. (Charles Fox / Staff File Photo)

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.

More coverage
Talk Sixers in our new forums
PhillyDeals: Flyers, Sixers home now Wells Fargo Center
Cavs send West to Minnesota in 4-player deal
Cavaliers trade former St. Joe's star West to Minnesota
Buy Sixers gear
We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy: comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
comments powered by Disqus
About this blog

PhillyDeals posts interviews, drafts and updates that Joseph N. DiStefano writes alongside his Sunday and Monday columns and ongoing articles about Philadelphia-area business.

DiStefano studied economics, history and a little engineering at Penn. He taught writing and research at St. Joe’s. He has written for the Inquirer since 1989, except when he left a few times to work at Bloomberg and elsewhere. He wrote the book Comcasted, and raised six kids with his wife, who is a saint.

Reach Joseph N. at, 215.854.5194, @PhillyJoeD. Read his blog posts at and his Inquirer columns at Bloomberg posts his items at NH BLG_PHILLYDEAL.

Reach Joseph at or 215 854 5194.

Joseph DiStefano
Latest Videos:
Also on
letter icon Newsletter