Local TV stations in Miami are reporting that Miami's Carnival Center for the Performing Arts will be renamed the Adrienne Arsht Center for the Performing Arts following a $30 million donation by Adrienne Arsht, the chairman of TotalBank. The center was originally named after Carnival Corp made a $20 million donation in July of 2006.
The center has had a bumpy ride financially ever since opening. The donation by Arsht will wipe out a $7 million debt the organization has accumulated. In a classy move, Carnival agreed to relinquish the naming rights, which they continued to hold, so the organization could be on solid financial ground and continue to provide entertainment to the South Florida community.
There's more information on the local NBC and CBS websites.
Note: Links are valid at the time of posting.