The home of the Toronto Maple Leafs and Toronto Raptors has officially been renamed as the Scotiabank Arena.
Scotiabank and arena operator Maple Leafs Sports and Entertainment (MLSE) last year announced an expanded sponsorship and philanthropic partnership for the venue to be transformed into the Scotiabank Arena in July, 2018.
The 20-year, CAD $800 million strategic partnership also includes new philanthropic opportunities with the MLSE Foundation, and a digital collaboration between MLSE and the Scotiabank Digital Factory.
Work on the changeover began on the Canada Day weekend with the removal of Air Canada signage. The airline has been the arena’s main sponsor for its entire 20-year history.
In its place, there will be temporary signs advertising Scotiabank Arena until a new sign made out of video screens can be installed on the building’s west face over the coming months.
Since opening in February, 1999, Air Canada Centre has hosted more than 50 million fans over 3,500 premiere events including the 2016 NBA All Star Weekend, the 2016 World Cup of Hockey and many of the world’s most popular performing artists including U2, Justin Bieber and Drake.
The venue capacity is 19,800 for basketball and full-house concerts and 18,800 for hockey.