VENUE
| LITTLE CAESARS ARENA - DETROIT, MI
You never get Little Caesars paying money, to have their name there? but it would be OK to take tax dollars?I will never get over this, **** corporate arenas that corrode the soul of the teams. I'd rather watch a game at the crappy but historic Råsunda than the sleek but soulless "Friends Arena".
The illich family owns the red wings and made their money by starting little Caesars. It's literally the most obvious name to name a stadium.You never get Little Caesars paying money, to have their name there? but it would be OK to take tax dollars?
It helps the organization.
True, but Little Caesars still pays for it.The illich family owns the red wings and made their money by starting little Caesars. It's literally the most obvious name to name a stadium.
Not really.True, but Little Caesars still pays for it.
Surely they could have made it work to stay at the Joe? There is a lot of history thrown out for materialistic comfort.You never get Little Caesars paying money, to have their name there? but it would be OK to take tax dollars?
It helps the organization.
Under the naming rights deal, Little Caesars will pay about $6.25 million per year for 20 years to another Ilitch entity that will operate the arena. By taking money from one family pocket and putting it in another, the Ilitches have forgone the chance to sell the rights to an outside bidder for a considerable sum.
Little Caesars pays. It doesn't matter that the family owns both.U should read the rest.
The illitchs own little Caesars.
The illitchs own the naming rights company.
It's basically a paper transaction I guess? I'm sure there's a reason for it, but in essence it's taking money from themselves to pay themselves.
Little Caesars pays. It doesn't matter that the family owns both.
It's not a paper transaction. 6M$ transfers each year.
Two completely different operations
It's worked so far. Love it.
games against the wings are always terrible and boring