Report: Senators to rename Scotiabank Place

Scotiabank Place has been renamed the Canadian Tire Centre, with a long-term agreement taking effect July 1. (CP/Fred Chartrand)

The Ottawa Senators will announce a name change to Scotiabank Place on Tuesday, according to a report from the Ottawa Sun.

According to the report, Scotiabank has ended its 15-year, $20-million agreement for the naming rights and is no longer involved in the financing of the team.

The 20,500-seat arena, with a capacity of 19,153 for hockey games, first opened in January 1996 where it was originally called The Palladium.

From February 1996 to 2006 it was known as the Corel Centre; it’s has been called Scotiabank Place since Jan. 19 2006.

There is no word yet on what the new arena name would be, but Sens owner Eugene Melnyk is set to announce a new sponsor at a press conference on Tuesday.

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