Nationwide Arena May Be Up For Sale

In 2000, Nationwide Insurance opened its own ice skating arena (Nationwide Arena) specifically for housingthe Columbus Blue Jackets, a National Hockey League franchise. At this point, a sale of the Nationwide Insurance arena toFranklin Countyis being discussed among both those parties as well as the Blue Jackets and the local legislature.

Reasons for Selling

To purchase the Nationwide Insurance stadium, Franklin County is discussing increasing sin taxes to foot the bill. If passed, smokers and drinkers will need to pay up even more money for their favorite vices. The building may be sold so the ice hockeyteam can work towards getting a better lease.

This move has nothing to do with the stability of Nationwide Insurance and will have no affects on the Nationwide insurance rates charged to the local policyholders.

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