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Old 31 July 2007, 12:16   #1
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Join Date: Sep 2003
Location: London, UK
Posts: 949
Roll eyes (sarcastic) "Amiga fails to deliver cash, loses naming rights to Kent arena"

Tuesday, July 31, 2007,

"The city of Kent dumped tech company Amiga as naming-rights sponsor for the city's planned hockey arena after the company failed to deliver a promised down payment Monday.

Amiga was supposed to pay $2.5 million by 5 p.m. to secure the $10 million, 20-year naming-rights deal for what would have been called The Amiga Center at Kent.

But in recent weeks, the city and company had sparred over details — such as control of advertising in the new arena — and Amiga had offered less money than initially promised, Kent officials said.

By Monday evening, the deal was off, and city officials said they would look for a new sponsor.

(Copyright © 2007 The Seattle Times Company)

Read the whole story at The Seattle Times: Amiga fails to deliver cash, loses naming rights to Kent arena

Last edited by eLowar; 31 July 2007 at 12:24. Reason: added date, changed formatting
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