Update: Naming Rights for the Arena Stockton City Council October 24, 2023Agenda Item 15.1 ARENAFor nearly 20 years, the Stockton Arena has been hosting entertainment in the Central Valley. Located in the heart of San Joaquin County in downtown Stockton, this premier 10,000 seat multi-use arena brings hundreds of thousands of visitors annually to the region. Home to the G-League Stockton Kings, the Arena hosts a wide variety of concerts, sporting events, family shows, and more. The Arena easily adapts to accommodate various event configurations and capacity needs.
TIMELINERFP released April 6, 2023Information Session held May 3, 2023RFP Closed June 8, 2023Sponsor was selected Contract signed October 2023 CONTRACT HIGHLIGHTSASM Global is contractually responsible for revenue streams includingsponsorship.Given the significance of the naming rights partnership EDD worked in closepartnership with ASM Global to develop a successful strategy.The contract is between ASM Global and the sponsor.Commencement date is November 1, 2023, through October 31, 2033.ASM will manage this partnership as they do all sponsorship agreements thatfall under their purview.All sponsorship revenue is City revenue and will be invested back into thearena.