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Texas’ new basketball arena to be named Moody Center

In honor of a $130 million grant from the Moody Foundation, the University of Texas will name the planned state-of-the-art basketball and events arena the Moody Center, the school announced on Saturday.

We cannot thank the Moody Foundation enough for their unbelievable gift of $130M to UT.

We are proud to announce that our state-of-the-art arena will be named #MoodyCenter.

https://t.co/Le48KziMjg pic.twitter.com/sQec6E03sK— Texas Longhorns (@TexasLonghorns) November 9, 2019

“The Moody Center signals a new era for UT and Austin, providing fans and citizens the world-class experience they deserve in the world-class city we call home,” said Ross Moody, trustee of the Moody Foundation and chairman and CEO of National Western Life Group, per a release from the school.