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- Thread starter ScriptOhio
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ORD_Buckeye
Wrong glass, Sir.
My guess is that the contract specifies that, should Value City go out of business, the name reverts to the Schottenstein name. If they can't use it to pimp cheap Chinese furniture, they're absolutely going to use it to glorify the family name.
I've always hated the place. It's bad for basketball and absolute crap for hockey. Wouldn't shed any tears if there was a catastrophic fire. Speaking of hockey, when's the groundbreaking on the new hockey arena(s), Slapshot or was that all bullshit.
I've always hated the place. It's bad for basketball and absolute crap for hockey. Wouldn't shed any tears if there was a catastrophic fire. Speaking of hockey, when's the groundbreaking on the new hockey arena(s), Slapshot or was that all bullshit.
ScriptOhio
Everybody is somebody else's weirdo.
Articles from late last year:
At the time, Ohio State president Gordon Gee described the donation as “a tremendous gesture" by a family "whose generosity has been demonstrated for years." Of that $12.5 million gift, $11.3 million was from a family-owned foundation, $1.1 million came from Value City Furniture and the remaining $100,000 from Schottenstein Stores.
www.elevenwarriors.com
Just sayin': They still have a little over a week....
What will happen to the naming rights to Ohio State's Value City Arena?
Ohio State plans to “eventually phase out” the corporate name attached to its basketball and hockey arena after Columbus-based Value City Furniture yesterday filed for Chapter 11 bankruptcy, according to Adam Jardy of the COLUMBUS DISPATCH. Value City Arena has been the name of the venue located inside the Jerome Schottenstein Center since it opened in 1998. OSU will work with the Schottenstein family “to seek new potential naming rights or sponsorships for the facility.” There is no timetable for any decisions. The Schottenstein family gave OSU a $12.5M contribution during construction of the facility “to affix the name ‘Value City’ to the arena that was housed inside the building with their name on it”.At the time, Ohio State president Gordon Gee described the donation as “a tremendous gesture" by a family "whose generosity has been demonstrated for years." Of that $12.5 million gift, $11.3 million was from a family-owned foundation, $1.1 million came from Value City Furniture and the remaining $100,000 from Schottenstein Stores.
New Hockey Arena Coming to OSU in January?
I'm watching Ohio State skating against Minnesota on the BTN and the announcers let a comment slip when talking about the job coach Steve Rohlik, who's in his 13th season with the Puckeyes has done. They said "there's big news coming in January about a new facility." I'm not an insider and all...
New Hockey Arena Coming to OSU in January?
I'm watching Ohio State skating against Minnesota on the BTN and the announcers let a comment slip when talking about the job coach Steve Rohlik, who's in his 13th season with the Puckeyes has done. They said "there's big news coming in January about a new facility."Just sayin': They still have a little over a week....
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ScriptOhio
Everybody is somebody else's weirdo.
Ohio State to Replace Scoreboard in Schottenstein Center
Ohio State will replace the scoreboard atop center court in the Schottenstein Center this spring and summer.
Ohio State to Replace Scoreboard in Schottenstein Center
The Schottenstein Center will have a new look above center court (and across the arena) beginning next season.For the first time since 2008, Ohio State is set to replace the scoreboard in the arena, a project that was approved by the Board of Trustees and will begin in April. Eighteen years ago, the replacement and upgrade celebrated the 10th season of basketball played at the Schottenstein Center. Nearly two decades later, it's time to give the arena an updated look.
The project will replace the existing scoreboard at center court, the 360-degree ribbon board and all outdated LED boards and signs. It has a $5.2 million budget and will be completed by September.
The Schottenstein Center's current scoreboard is not only one of the oldest in the Big Ten, but it is also one of the smallest in college basketball, considering the arena's size. While the new scoreboard will likely increase in size slightly, it must still fit within the existing blueprint atop the
Schottenstein Center – essentially to "hide" it for other non-basketball and hockey events – and will reuse the hoist as well. Ohio State is limited on the shape and size of the new scoreboard due to this.
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calibuck
Too soon old, too late smart
I certainly get that Gee was effusive about the Schottenstein's contribution to the bball edifice, was very deserved. Also am skeptical about Bjork NOT capitalizing on naming rights, and tossing away potential millions to add to the Athletic Department's coffers. Back then, nobody could have foreseen that the venerable Schottenstein's would have taken one of their flagship companies into bankruptcy/insolvency, etc. Someone, somewhere must have built a clause or three into the contract (there's a contract for everything, folks) forseeing the 'what if' stuff that could happen. And finally, wait until we get a scoreboard that does more than share who's on the floor, making points/fouls, etc. Maybe it'll sell popcorn as well. PS, always hear about the 'new' scoreboard etc, but I'd like to hear what enhancements are being added/included. Feels like technology gone nuts....
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