- Associated Press - Thursday, August 6, 2015

ROANOKE, Va. (AP) - Virginia Tech has sold the naming rights to the basketball court at Cassell Coliseum for $5 million to Roanoke-based health care provider Carilion Clinic.

Multiple media outlets report that the university on Wednesday announced that its 10-year sponsorship agreement the health care provider will bring the Hokies $500,000 annually. The floor at Cassell will be named Carilion Court and will be adorned with two matching maroon and blue logos that read, “VTC, Virginia Tech Carilion.”

University athletic director Whit Babcock says the money will be used for endowed scholarships and improvements to Cassell Coliseum and the weight-room at the basketball practice facility.

Officials say Carilion, which has a partnership with Virginia Tech’s medical school, will work with the university on faculty and staff health initiatives.

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