The Atlanta Hawks' $192-million renovation of its home court has also led to a new naming rights deal.
Philips Arena will be renamed State Farm Arena, the team confirmed Wednesday.
It's a 20-year deal with the insurance giant worth more than $175 million, sources told WSB-TV's Zach Klein.
The facility has been called Philips Arena since opening in 1999. Current renovations include the addition of a courtside bar and a concourse barbershop.
