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New Mexico Asks WisePies To Give Up Naming Rights To Arena

ALBUQUERQUE, N.M. (AP) — The University of New Mexico has asked WisePies Pizza & Salad to give up the naming right to the arena of the school's men's and women's basketball teams.

The school said Thursday it recently asked the pizza chain to abandon its naming rights of The Pit pending a new agreement with another company.

School officials say a new agreement will allow for multiple facilities to be named under one umbrella.

WisePies owner Steve Chavez says the company was happy to step aside since it knew how much the move would help the university. He says WisePies enjoyed its partnership with the school, and expects it to continue in a different capacity.

The Pit was renamed WisePies Arena in December 2014, drawing criticism from fans.