BLOOMINGTON — Bloomington officials have scheduled a news conference for Wednesday afternoon related to the management of U.S. Cellular Coliseum.
The briefing is at 3 p.m. in the Osborn Room at the Bloomington Police Department, 305 S. East St.
The city released no further details Wednesday morning.
The city has been looking for a new manager for the city-owned arena since Central Illinois Arena Management (CIAM) announced March 7 that it was no longer negotiating a new contract with the city.
The private company has managed the 7,000-seat venue in downtown Bloomington since it opened in 2006. Its contract with the city expires April 1.
Both sides said they couldn't agree on accountability and transparency measures.
U.S. Cellular's contract for naming rights to the arena also expires April 1. That contract provided U.S. Cellular with naming rights worth $175,000 annually for 10 years.
The biggest factor for U.S. Cellular not renewing the agreement was the company's lack of presence in the local market, according to spokesman Katie Frey. The cellphone service provider has not had stores in Bloomington-Normal since 2012.