NEW ORLEANS - The New Orleans Pelicans and Louisiana-based Smoothie King have reached a 10-year agreement to rename the New Orleans Arena as the Smoothie King Center. Dexter Manley Redskins Jersey . Pelicans President Dennis Lauscha said such a deal had been a "gigantic" piece of owner Tom Bensons business plan since he bought the long-struggling small-market franchise from the NBA in the spring of 2012. "Finding a naming rights partner was key to the long-term financial viability of this franchise in this market," Lauscha said. Benson, who has owned the Saints since 1985, purchased citys NBA franchise — formerly called the Hornets — for $338 million and has consolidated the headquarters and many of the business operations of both clubs. The hope was that with the two franchises sharing resources and cross-promoting one another, the region could better support two major professional sports teams. Officials with both the club and Smoothie King declined to release financial terms of the deal, which also gives Smoothie King an option for a 10-year extension. Smoothie King owner Wan Kim said sponsoring an NBA arena in New Orleans helps his company demonstrate its commitment to the community where it is based while promoting its brand globally. Smoothie King, founded in suburban New Orleans in 1973, has 674 locations in 31 states and in Asia, and is looking to expand both nationally and overseas, Smoothie King President Tom OKeefe said. Of 30 NBA cities, 21 currently have Smoothie King franchises, he said. The arena is officially being renamed on Thursday, in time for next weeks NBA All-Star festivities in New Orleans. Kim, a native of South Korea who attended college and business school in the United States, bought the company in July 2012. He said he initially considered moving its headquarters to Atlanta or Dallas. "I started to realize a lot of people who live in New Orleans, for them, its very difficult to leave the city," Kim said. "Its a very different city. Its very unique, culturally, and I did start to see why people didnt want to move. "At the same time, I did feel our root is here and I shouldnt give up on that," Kim said. "Not only did we decide not to move out, but we are pretty much telling you (with the naming rights deal) that our group is here and we are sticking with it." As part of the agreement, Smoothie King will be airing commercials during Pelicans broadcasts, as well as sponsoring pregame and postgame segments. The companys smoothies will also be available at concession stands around the arena. Team officials said there were "two or three" other candidates for a naming rights deal, but that Smoothie Kings interests seemed most aligned with the Bensons goals of promoting the business climate in his home state. "Theres no more perfect story to say how businesses can root themselves in New Orleans and grow," said Rita Benson LeBlanc, Bensons granddaughter and a part owner of the Pelicans and Saints. She added that the agreement is "a testament to how New Orleans has recovered (from Hurricane Katrina) and how Louisiana is redefining itself as an economic development engine." The deal might have been completed before this season began, but because Smoothie King products contain nutritional supplements, NBA rules required that all of the companys products be tested to ensure there were no banned substances. LeBlanc said that process took about eight months. "We couldnt have any question as to what are the contents of the products that Smoothie King actually offers," LeBlanc said. Sam Huff Youth Jersey . Both moves were announced Tuesday. The Titans had waived Matthews on Saturday when they promoted wide receiver Michael Preston from the practice squad. Sonny Jurgensen Youth Jersey . As deep as their roster is, they need their superstar. Rose scored 23 points in his return from a five-game absence due to back pain, and Chicago hung on to beat the struggling Atlanta Hawks 90-79 on Monday. https://www.redskinssportsgoods.com/Womens-Darrell-Green-Inverted-Jersey/ . PETERSBURG, Fla. PARIS -- Rafael Nadals path to a record-extending ninth French Open title could take him through a series of matches against the men who beat him on clay this season. The top-seeded Nadal was drawn Friday to possibly face No. 21 Nicolas Almagro in the fourth round, then No. 5 David Ferrer in the quarterfinals. "Those are opponents that know how to play well on clay," Nadal said. "But its never easy." The other mens quarterfinal matchups could be No. 2 Novak Djokovic vs. No. 8 Milos Raonic, No. 3 Stan Wawrinka vs. No. 7 Andy Murray, and No. 4 Roger Federer vs. No. 6 Tomas Berdych. The possible womens quarterfinals are No. 1 Serena Williams vs. No. 7 Maria Sharapova in what would be a rematch of last years final won by Williams, No. 2 Li Na vs. No. 6 Jelena Jankovic, No. 3 Agnieszka Radwanska vs. No. 8 Angelique Kerber, and No. 4 Simona Halep vs. No. 5 Petra Kvitova. Ferrer, who lost to Nadal in the 2013 final at Roland Garros, upset him in the Monte Carlo quarterfinals last month. Almagro ended Nadals 41-match winning streak in Barcelona by beating him in the quarterfinals there a week later. Those defeats were both in best-of-three-set matches. The French Open, like all Grand Slam tournaments, uses a best-of-five format for men, and Nadal was asked Friday whether that gives him an advantage on clay. "I give my most every point, every game, every set. Whether its (best of) three or five, if you want to win, you have to play well," he said. Nadal has three llosses on clay in a season for the first time since 2004, when he was only 17 and had yet to play a match at the French Open. Sam Huff Jersey. He was beaten in the Rome final last weekend by Djokovic; they only could meet in the final in Paris. Djokovic has won the pairs last four meetings, but Nadal is 5-0 head-to-head at the French Open, including victories in the 2012 final and 2013 semifinals. Djokovic, a six-time major champion who needs a French Open title to complete a career Grand Slam, and Federer, owner of a record 17 major titles, were drawn to meet in the semifinals. Nadal, who stands third among men with 13 Grand Slam trophies, could meet Australian Open champion Wawrinka in the semifinals. Nadal is 59-1 for his career at the French Open, with four titles in a row in 2005-08 and again in 2010-13. Williams won the clay-court Grand Slam tournament in 2002, beating her older sister Venus in the final, then waited 11 years before adding a second French Open trophy in 2013. The Williams sisters were drawn Friday to face each other in the third round, which would be their earliest meeting at a Grand Slam tournament since their very first matchup, in the second round of the 1998 Australian Open. Venus is seeded 29th at the French Open. Shes won seven Grand Slam singles titles, 10 fewer than Serena, who holds a 14-10 edge in head-to-head matches. "It never gets easier," Serena said. "Shes essentially the love of my life, so its definitely difficult." ' ' ' « g mate, Roddy White, who sat outs dressing room provide a direct link to the Toronto Situation Room. The "h... » More blog posts in this category Common |
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