It's officially the Wells Fargo Center

With the turn of the calendar from June 30 to July 1 yesterday, the Wachovia Center has become the Wells Fargo Center with the start of the new fiscal year.

Wachovia, which owned the building's naming rights, was bought out by Wells Fargo Corporation effective Dec. 31, 2008. Wells Fargo now holds the naming rights at a reported cost of $1.4 million per year until the contract expires on June 30, 2023.

No signage has been replaced in the building, which will publicly undergo its fourth name change transition this fall before the Flyers and 76ers begin their seasons in October.

The soon-to-be Wells Fargo Center opened as the CoreStates Center in 1996 before becoming the First Union Center in 1998 and the Wachovia Center in 2003.

- Frank Seravalli