Wells Fargo Center (Philadelphia)

Wells Fargo Center (Philadelphia)

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Wells Fargo Center (Philadelphia)

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Description:
The Wells Fargo Center (Spectrum II (prior to construction), formerly the CoreStates Center, First Union Center and Wachovia Center) is an indoor arena located in Philadelphia, Pennsylvania.

It is the home arena of the Philadelphia Flyers of the National Hockey League, the Philadelphia 76ers of the National Basketball Association, the Philadelphia Wings of the National Lacrosse League, and the Philadelphia Soul of the Arena Football League. The Center was completed in 1996 to replace the Spectrum as the home arena of the Flyers, 76ers and Wings, on what was once the site of John F. Kennedy Stadium (originally Philadelphia Municipal Stadium) at a cost of $206 million, largely privately financed (though the city and state helped to pay for the local infrastructure).

The Center lies at the southwest corner of the South Philadelphia Sports Complex, which includes Lincoln Financial Field and Citizens Bank Park.

Naming rights

Before its construction, the proposed arena was tentatively called "Spectrum II". The Center was originally named for CoreStates Bank, which agreed to pay $40 million over 21 years for the naming rights, with additional terms to be settled later for an additional eight-year period at the end of the contract. However, the contract has gone through multiple hands due to various mergers; first by First Union Bank in 1998, Wachovia in 2003, and finally by......
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