There was a published report that Syracuse University may attempt to resell the name of the facility known as the Carrier Dome.
The dome is named after Carrier Corporation which was headquartered in Syracuse, New York. At the time the dome was being constructed Carrier Corporation was the take over target of United Technologies Corporation. As the takeover was concluding, Carriers’ President Mel Holmes purchased the naming rights in 1979 for $2.75 M to memorialize the company’s name.
A recent news article indicated that some SU administrators are of the opinion that the 1979 agreement may be void because the entity that the agreement was with (Carrier Corp) no longer exists, as a result of merger and reacquisition of UTC. No doubt that whatever entity today manufactures under the name “Carrier” would disagree and such disagreements are what lawsuits are sometimes based.