Philadelphia, PA (Sports Network) - The building that houses the NHL's Philadelphia Flyers and NBA's Philadelphia 76ers is once again undergoing a name change.
Comcast-Spectacor is changing the name of the Wachovia Center to the Wells Fargo Center, effective immediately, to reflect the name change in the financial institutions.
"As the owner and operator of the arenas, Comcast-Spectacor is honoring the contract as it was agreed upon with the bank that the successor shall keep the naming rights of the facility," said Comcast-Spectacor president Peter Luukko. "Therefore, we will change the name of the arena to reflect the name change from Wachovia to Wells Fargo and continue to operate the arena as the world class facility which it has become."
The 21,000-seat building first opened on August 31, 1996 as the CoreStates Center, then became the First Union Center on September 1, 1998 and changed to the Wachovia Center on July 28, 2003.