Local News

Officials Close To Arena Naming Deal

Posted August 28, 2002

— Arena officials say they are close to a 20-year, $80 million deal with RBC Centura, but there is a snag.

Gale Force Holdings, the company that owns the Carolina Hurricanes, and N.C. State University have not agreed on parking issues yet.

N.C. State officials wants 75 percent of the money generated by the university's basketball games. The university also wants some of the cash that comes into concession stands.

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