Arizona basketball home gets new name in $27.7 million deal

The University of Arizona announced on Feb. 13 that it had reached a 15-year naming rights partnership with ALKEME Insurance worth $27.7 million.

The deal will change the name of Arizona’s basketball arena to McKale Center at ALKEME Arena.

«In the modern era of college athletics, competition at the highest level requires sustained investment and strong partnerships, Arizona director of athletics Desiree Reed-Francois said in a statement. «This naming rights agreement with ALKEME provides critical resources that allow Arizona Athletics to continue our momentum and position our programs for long-term competitive success. ALKEME leadership’s commitment to education and giving back as Arizona graduates reflects a shared belief in excellence—on the field, in the classroom, and beyond.»
Oklahoma State Cowboys guard Isaiah Coleman (21) fouls Arizona Wildcats center Motiejus Krivas (13) during the first half of the game at McKale Memorial Center in Tucson, on Feb. 7, 2026.
Arizona Wildcats guard Brayden Burries (5) celebrates during the first half of the game against the Oklahoma State Cowboys at McKale Memorial Center in Tucson, on Feb. 7, 2026.
Arizona Wildcats center Motiejus Krivas (13) throws the ball at Oklahoma State Cowboys guard Christian Coleman (4) during the first half of the game at McKale Memorial Center in Tucson, on Feb. 7, 2026.
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Oklahoma State Cowboys guard Isaiah Coleman (21) fouls Arizona Wildcats center Motiejus Krivas (13) during the first half of the game at McKale Memorial Center in Tucson, on Feb. 7, 2026.

The statement announcing the deal said that it is the «largest publicly known arena naming rights partnership in the Big 12 and one of the most significant in Arizona Athletics history, supporting student success, entrepreneurship, small business engagement, and other university priorities.»

The statement said: «The agreement elevates ALKEME into Arizona Athletics’ top tier of corporate partners, providing category exclusivity in insurance and risk management. The partnership includes new exterior and interior branding, premium hospitality spaces, and integrated digital platforms, along with expanded visibility across national television broadcasts.»

Arizona announced that the naming transition to McKale Center at ALKEME Arena will be implemented in phases.