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The home of the NBA's Sacramento Kings is scheduled to open in October 2016.

The $9.1 billion Golden 1 Credit Union in Sacramento boasted Tuesday that it became the first cooperative in the nation to sign a naming rights deal for a major league professional sports venue that will reportedly cost $120 million over 20 years.

California’s second largest cooperative by assets acquired the naming rights for a $477 million arena, the home of the NBA’s Sacramento Kings, which will be named Golden 1 Center and is scheduled to open October 2016.

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Peter Strozniak


Credit Union Times

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