Wow, that’s crazy and it’s going to be a long time before I stop thinking about it as the Carrier Dome. Up until a couple of years ago I had never really thought about it/figured it was an alum
you will definitely remember what they changed it to. What they changed it to was as newsworthy as the fact they changed it
JMA Wireless is one letter swap away from being the perfect company to have naming rights for a basketball arena. The JAM Center or the JAM Dome. Everyone would remember that.
In 2008, Chicago sold all of its parking meters in the city for $1.2b for the longest amount of time legally allowed, 75 years. You can't fix potholes, create a bike lane, put in a new bus stop, close a street for a parade, or have a festival without the city reimbursing this company for it. The company that bought it makes over $100m a year on it. They've already 2x'd their investment and have the next 61 years free. Meanwhile, the entire city needs money and can't do anything to any of its streets
Chicagos meter deal is one of those absolutely disgusting Chicago things that you can’t believe to be true until you discover it is
Florida did something similar with the express lanes on the highway where Dwayne Haskins passed. Some Spanish company footed bill to build the lanes, so they get like 90% of the revenue in perpetuity.