The naming rights to the BankAtlantic Center were part of the deal.
It appears the BankAtlantic name will cease to exist, with the arena taking on the new name upon completion of the purchase.
This will be the arena’s fourth name since its opening in 1998. The arena is expected to be renamed BB&T Center.
Other names to the center (not counting Broward Civic Arena or The Billboard): National Car Rental Center; Office Depot Center and BankAtlantic Center.