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Barclays awarded naming rights for Nets' new arena

Associated Press

Thursday, January 18, 2007

NEW YORK -- A British bank hoping to expand its U.S. profile will spend as much as $400 million over the next 20 years to put its name on the New Jersey Nets' planned Brooklyn arena. Nets owner Bruce Ratner announced Thursday the 18,000-seat stadium designed by architect Frank Gehry will be called The Barclays Center when it opens later this decade. He declined to say how much London-based Barclays paid to attach its name to the complex. Bank executives and city officials described the ...

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