The Louisiana Superdome has been the home field of the New Orleans Saints since 1975. Now after 36 years, the home of the Saints will become known as the Mercedes-Benz Superdome. The Saints and Mercedes Benz recently reached a ten-year agreement that gives the naming rights of the stadium to the German automaker. The Saints and not the state of Louisiana had the rights to negotiate and sell the naming rights of the Superdome, even though the stadium is owned by the state of Louisiana. Nakia Hagan of the Times-Picayune stated:

As part of the Saints' 15-year lease extension with the state that  was signed in 2009, the Saints were allowed to negotiate a naming rights deal on behalf of the state with the proceeds from the sale going toward any subsidies the state would have had to pay the Saints. According to the current lease agreement, the Saints get the first $1 million of net revenue from the naming rights deal, with a 50-50 split between the team and the state of the remaining revenue, although the state's share is in credits toward the subsidy payments, not cash.

Mercedes-Benz will also benefit from the additional exposure of having the stadium host the Sugar Bowl, BCS championship game and the NCAA Final Four in 2012 and the Super Bowl in 2013.

NBA cancels the remainder of preseason games

After getting nowhere in labor negotiations with the NBAPA on Tuesday, NBA head David Stern announced the remainder of the NBA preseason will be cancelled. Stern then went on to say that if a new CBA is not reached by next Monday, the first two weeks of the regular will be cancelled as well. Yahoo! Sports' Adrain Wojnawrowski continues to look for an agent uprising which will shove  NBAPA head Billy Hunter out his job. Once Hunter is gone, Wojnawroski expects the decertification of the union, followed by the filing of an antitrust suit against the NBA.