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Centennial Garden Sells Naming Rights To Rabobank

(CelebrityAccess MediaWire) — The Bakersfield, California Centennial Garden & Convention Center will be renamed Rabobank Arena, Theater & Convention Center, following to a naming rights agreement between the city and financial services company Rabobank International.

The move was negotiated by facility manager SMG, and is expected to bring in about $2.5 million to the city over the next 10 years.

Unfortunately, a large amount of the incoming funds will go directly toward losses sustained by the arena that started even before the facility opened over seven years ago. –by CelebrityAccess Staff Writers