(KANSAS CITY, Mo.) Mosaic Life Care announced in a press release today that it has released the naming rights sponsorship for Kemper Arena.
The announcement comes the day after Mosaic decided to sell six of their Northland health clinics to Saint Luke's.
"As we built-out our Kansas City strategy, the Kemper Arena sponsorship was a terrific complement," Mark Laney, MD, CEO of Mosaic Life Care said. "Now that Saint Luke's has acquired the majority of out thriving Kansas City health clinics, it makes good financial sense for us to relinquish the naming rights to the arena."
According to a press release, Foutch Brothers LLC purchased Kemper Arena from the city of Kansas City earlier this year. The company expects to invest millions of dollars into constructing a multi-purpose sports complex to all ages and skill levels.
“While we’re very excited about our plans for Kemper, we’re disappointed that Mosaic won’t be our sponsorship partner,” Steve Foutch, CEO of Foutch Brothers said. “We completely understand their rationale and we wish them continued success.”