Financial services company City National Bank has taken on naming rights to the practice facility of newly-formed NHL ice hockey franchise the Vegas Golden Knights.

The facility is due to open later this summer and will officially be known as the City National Arena.

The team will hold a formal opening ceremony for the City National Arena at a later date.

The deal also names City National Bank as the team’s official bank, while the company will benefit from brand exposure on the facility’s ice rinks, on the team’s practice jerseys and further signage at the venue. Further advertising space will be granted at T-Mobile Arena, the team’s home ground.

City National Bank will also be given one title game at T-Mobile Arena each season, during which it will provide supporters with a special giveaway item.

“Our practice facility was designed to be the official home of the Vegas Golden Knights but also a state-of-the-art community ice centre for all Las Vegans to enjoy,” Golden Knights chairman and chief executive Bill Foley said.

“We are thrilled to partner with City National Bank on this endeavour, as City National shares in our vision of growing the sport of hockey in Southern Nevada and has a strong commitment to the community. City National Arena will provide best-in-class amenities and programs for all skill levels and experience, regardless of age or gender. We look forward to officially opening our doors later this summer.”

City National Bank’s chairman and chief executive, Russell Goldsmith, added: “City National is proud to become the official bank of the Vegas Golden Knights and to put our name on the team’s outstanding new City National Arena across the street from our Nevada banking headquarters.

“Since City National has been providing outstanding business and private banking and investment management here in Las Vegas for over a decade, we are very enthusiastic about Bill Foley and the Golden Knights ushering in a new era of major league sports for Nevada. The Knights will add to the attraction of Las Vegas as a world-class tourist destination, create many jobs and help grow the economy of Southern Nevada in many ways. We are also very pleased that the beautiful new City National Arena will be a great resource for the whole community to enjoy.”

The Golden Knights will enter the NHL for the 2017-18 season.

Image: Bill Debevc