"For more than 140 years, CONSOL Energy has been a part of the tri-state
region's history. We are proud to help write a new chapter in Pittsburgh's
history by sponsoring this wonderful new facility."-- Brett Harvey,
president and chief executive officer of CONSOL Energy
Aww, isn't that cute. The Pittsburgh Penguins and CONSOL Energy announced a 21-year naming rights deal to the Pittsburgh Arena scheduled to be set for the 2010/2011 NHL season. Who is CONSOL? Why they one of America's largest Coal mining companies (http://en.wikipedia.org/wiki/CONSOL_Energy).
The good about this? 21 year deal, a local energy group that seems to be improving (or so says the green up arrow on the wikipedia page), and I'm sure the Pens didn't let the company exactly steal these rights (figures not out yet).
The Bad? CONSOL's stock is down (whose isn't tho, Rob? http://finance.yahoo.com/q/bc?s=CNX&t=1y&l=on&z=m&q=l&c=), and the name doesn't seem right. But, as a Ranger fan, anything is better than Mellon Arena.
Check back tommorow, I've started one of my super-duper spreadsheets due to my pure excitement of starting this blog (lil' bit o sarcasm). Tell your friends, if you have any.