Huntington Bank Field

[2nd Degree Gopher]

Who are the serious participants that we can expect at this point?

I have no idea if there are any at this point since the current deal still has 5+ years to run. (And if I did know, I wouldn't post it on a message board.) I just know that, at this point, no one I have spoken to thinks Huntington has any interest in extending the relationship. Maybe they are wrong, maybe things will change, but that's the sense I get.

 

[A_Slab_of_Bacon]

I have no idea if there are any at this point since the current deal still has 5+ years to run. (And if I did know, I wouldn't post it on a message board.) I just know that, at this point, no one I have spoken to thinks Huntington has any interest in extending the relationship. Maybe they are wrong, maybe things will change, but that's the sense I get.

That's kind my point.

The idea that nobody expects them to be a participant really doesn't matter this far out when there aren't even any expected participants

 

[2nd Degree Gopher]

That's kind my point.

The idea that nobody expects them to be a participant really doesn't matter this far out when there aren't even any expected participants

If your point is that they are on the same footing as the rest of the world if you just ignore all of the parties' conduct and experiences with each other over the years of their relationship, I guess I'd ask why in the world you would ignore that? Neither side seems to have been all that happy with the arrangement. Huntington inherited a deal that they would otherwise not have been involved in when they acquired TCF and the U seems to have been much more comfortable with how things were going when the TCF people were involved. That doesn't mean that there haven't been beneficial aspects of the relationship for each party, and maybe it's all part of Huntington's "treat them like shit so they will expect less the next time around" strategy, but I don't think that's it.

Put another way, I don't have to know where I will buy my next car to know that it won't be the place I bought the last one.

 

[tjgopher]

I am not sure, however, that everyone at the U is convinced of that.

Of course. It'd be nice to have some big time thinking at some point.

 

[FLgopherfan]

Huntington is headquartered in Columbus. Makes perfect sense they'd be the lead sponsor on the new Browns stadium.

They purchased TCF, which was obviously based here, and that's why they even have the rights in the first place, as well as why you now see Huntington bank branches around the Cities when they were never here before.


Similarly to why Wells Fargo has such a big presence in the TC, even though it is based in San Francisco. They purchased Norwest which was TC.

Used to be some big banking based in the Cities. Still have Thrivent

Norwest actually purchased Wells, then moved HQ to San Fran