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Quebec City’s new arena will be called Centre Vidéotron for the next 25 years, Québecor announced on Tuesday.
Québecor, the building’s management company, will pay Quebec City $33 million upon the opening of the arena, planned for Sept. 15.
The amount paid could rise to $63.5 million if the city gets a National Hockey League franchise.
The announcement came at a news conference in Quebec City with Québecor representatives and Mayor Régis Labeaume present.
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Québecor had announced last week a deal with AEG, an entertainment company, to promote and schedule acts for the arena.
The construction of the arena, estimated at nearly $400 million, began in 2012.
The city and the Quebec government have shared the construction costs, with Québecor paying between $110 and $200 million for the use of the arena.
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