The Charlotte Bobcats have solved two problems, securing a naming rights deal for its arena and getting out of a television contract that limited the team's reach.
A person with knowledge of the negotiations told The Associated Press on Monday that Charlotte Bobcats Arena will be renamed Time Warner Cable Arena. In exchange, the Bobcats will immediately end a TV deal with the cable company that prevented Bobcats games from being shown on regional sports networks and satellite TV services.
The person spoke on condition of anonymity because an official
announcement was not scheduled until Tuesday and said Bobcats games will shift from Time Warner Cable's News 14 to Fox Sports' regional television networks Fox Sports Net South and SportSouth.