* The governor’s $1 million donation to the state fair’s foundation yesterday was actually a purchase of the Coliseum’s naming rights…
Asked if the name picked for the Coliseum would be permanent or only last for a set time period, Elizabeth Tomev, spokeswoman for the governor, said “The details of the program will be announced soon.”
Past discussions about naming rights have included the idea that they could be purchased for a period of years. Slayton said in 2017 that preliminary discussions at the time for naming rights for the Coliseum, Grandstand and Exposition Building were in the range of $200,000 to $250,000 a year for five years.
Slayton said Tuesday that there had been discussions with an agriculture association to get to name the building for $1 million for five years, and the offer was sweetened to $1 million for 10 years, but it was passed over.
As for how long the naming rights purchased by the Rauners will last, Slayton said that will be up to the foundation board, which will meet after the State Fair. It would also be up to the board if the name would last forever. He noted the possibility that the name will come from an Illinois school child.
Some legal background is here.
* The Question: Your suggested name for the Coliseum?