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Golden State Warriors' new arena to be called Chase Center

Related Topics: JPMorgan Chase, Naming rights

The Golden State Warriors announced Thursday that they had sold the naming rights to their arena that is scheduled to open in 2019 to JPMorgan Chase.

The 18,000-seat privately funded facility in San Francisco's Mission Bay neighborhood will be called the Chase Center.

Terms of the deal were not disclosed.

Frank Nakano, managing director of sports and entertainment for JP Morgan Chase, said the company will use the naming-rights deal to pitch all aspects of the bank's business, from consumer credit cards and home-mortgage financing to private money management.