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Giants, Jets drop Holocaust-era insurer
(JTA) n Two NFL football teams have ended talks with a Holocaust-era insurance company over naming rights to their new stadium.
In a statement Sept. 12, Mark Lamping, president and CEO of the new stadium for the New York Jets and Giants, said his organization is “no longer in discussions with Allianz for a naming rights partnership.”
Criticism of the deal emerged earlier this week after reports that the two NFL franchises were in talks with Allianz, the Munich-based German insurance giant, over the naming rights to their new
$1.3 billion stadium. The stadium is being built in the current Meadowlands sports complex in New Jersey and will seat more than 80,000 fans.
Allianz insured facilities and personnel at concentration camps like Auschwitz and Dachau, had a chief executive who wore an SS uniform and served as Hitler’s economics minister, and refused to pay the life insurance policies of Jews, instead sending Jewish beneficiaries’ cash to Nazis.
In a statement Sept. 12, Mark Lamping, president and CEO of the new stadium for the New York Jets and Giants, said his organization is “no longer in discussions with Allianz for a naming rights partnership.”
Criticism of the deal emerged earlier this week after reports that the two NFL franchises were in talks with Allianz, the Munich-based German insurance giant, over the naming rights to their new
$1.3 billion stadium. The stadium is being built in the current Meadowlands sports complex in New Jersey and will seat more than 80,000 fans.
Allianz insured facilities and personnel at concentration camps like Auschwitz and Dachau, had a chief executive who wore an SS uniform and served as Hitler’s economics minister, and refused to pay the life insurance policies of Jews, instead sending Jewish beneficiaries’ cash to Nazis.
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