Texas Tech University Announces New Donation from United Supermarkets: Renames United Spirit Arena
Texas Tech University officials Friday morning announced a new monetary donation from United Supermarkets. The donation of $9.45 million will extend the naming rights agreement at Texas Tech's on-campus arena for another 10 years. The arena's name will also be changed from the United Spirit Arena to the United Supermarkets Arena.
The arena will be renaming is subject to approval by the Texas Tech University System Board of Regents at their upcoming meeting on May 15-16, 2014.
“As an industry leader and great corporate citizen, we are truly thankful to United Supermarkets for their continued support of Texas Tech and are proud to bear their name on such an important facility,” said Chancellor Kent Hance. “The generosity of United Supermarkets will provide state-of-the-art amenities for our student athletes and help us continue to educate, serve and grow fearless champions.”
“We are extremely pleased to be able to renew our arena agreement with Texas Tech,” said Robert Taylor, president of The United Family™. “We believe this facility is among the finest venues in the country and enhances not only the student experience at Texas Tech, but the quality of life for West Texans as well. We’re grateful for our long partnership with Texas Tech and look forward to more new and exciting things in the years to come. We are especially thankful for the incredible support of our guests, who make moments like this possible.”
The naming rights revenue will go toward renovations at the USA. According to Texas Tech, improvements will be made to the locker rooms for the volleyball and basketball teams, film rooms and training facilities.
“The support from United Supermarkets brings great momentum to our campaign efforts,” said Kirby Hocutt, director of Texas Tech Athletics. “Today’s announcement will ensure that our arena remains an unparalleled venue in the Big 12 Conference and nation. Thank you to United Supermarkets for investing in our vision and student athletes.”