Covelli retains naming rights
First sponsored in 2009; gets five more years
YOUNGSTOWN — The Covelli Centre will keep its name into the next decade.
Covelli Enterprises announced a five-year extension of its agreement to provide naming rights for the downtown Youngstown arena.
According to a statement from Sam Covelli, owner / CEO of Covelli Enterprises, “When our company agreed to put our name on the Centre in 2009, we did it because of our commitment to the community and our belief in Eric Ryan and his team to turn the Centre around. In the past seven years, with the overwhelming support of this community what has happened at the Centre has exceeded my expectations.”
Covelli Enterprises will pay $200,000 annually from May 2016 to April 2019 under the first three years of the agreement and $225,000 for the final two years of the contract, which runs through April 2021.
“It makes me very pleased to continue our relationship with Covelli Enterprises because it is a relationship that progresses and grows with every year,” according to Eric Ryan, president of JAC Management Group, which operates the venue owned by the city of Youngstown. “We are privileged to be associated with the Covelli family’s distinguished legacy and work hard every year to honor that legacy with an event schedule that provides the best possible entertainment to our valley.”
Covelli Enterprises’ tenure as naming rights’ sponsor began in 2009 and since then such acts such as Elton John, Carrie Underwood, Barry Manilow, KISS, Lionel Richie, Brad Paisley, Rod Stewart, Cirque Du Soliel, James Taylor, Guns and Roses and Rascal Flatts have performed there.