UCLA athletic director Dan Guerrero said the school has $53 million in pledges, meaning they are more than halfway to the goal of $100 million.
He also said naming rights (UCLA is using a more politically appealing term) for the arena could go for $40 million, but that could be used to offset the cost of bonds rather than toward the “Campaign of Champions” goal of raising the $100 million.
The name of the arena, even with naming rights, will still have Pauley Pavilion in it.
*This post was edited