Former Preds sponsor Sommet Group heading for liquidation
That gurgling sound you hear? That's the Sommet Group, a former arena sponsor of the Nashville Predators, going down the drain.
That gurgling sound you hear? That's the Sommet Group, a former arena sponsor of the Nashville Predators, going down the drain.
The firm which held the arena naming rights for the Nashville Predators until an ugly dispute brought an end to that relationship several months ago has now been slapped with a lien by the Tennessee Department of Labor.
The Nashville Predators have found a new arena naming rights sponsor as Bridgestone signs on for a 5-year agreement.
The Nashville Predators will be renaming their arena as "Bridgestone Arena" at a press conference on Tuesday.
A report from CoolSprings.com indicates that Bridgestone is set to assume the naming rights to the Sommet Center in Nashville.
The Nashville Predators and Sommet Group have settled their dispute over the naming rights agreement for the Sommet Center.
Some news came this afternoon that the dispute between the Nashville Predators and the Sommet Group over arena naming rights fees might be close to resolution.
As if battling opponents on home ice weren't hard enough, the Nashville Predators have to deal with a local newspaper that seems bent on running them into the ground.
After calling out the Nashville Predators principal owner for owing millions in income tax, the Sommet Group is found to have issues of its own that perhaps relate to its non-payment of arena naming rights fees.
In an email sent to senior staff at the Nashville Predators and forwarded to The Tennessean, team chairman and principal owner David Freeman admitted that cash-flow problems are forcing him to sell off some assets in order to pay his tax debt to the IRS