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- Wells Fargo (NYSE:WFC) plans to let its sponsorship deal with the arena expire in August 2025, Bloomberg News reported on Wednesday, citing people familiar with the matter.
- The Wells Fargo Center is home to the NBA 76ers and the Flyers hockey team. Bank signed a sponsorship deal about a decade ago, following its merger with Wachovia that occurred shortly after the financial crisis.
- Bloomberg recorded that Wells Fargo (WFC) is pulling out of sponsorship, including removing its name from the PGA Tour event last year.
- 76ers owners are reportedly considering building a novel arena in Philadelphia.
