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A 30-year, $60-million agreement changes the name of the building to State Farm Center as the structure undergoes a major renovation project that is scheduled for completion in the fall of 2016.
"We are extremely proud to announce this relationship with State Farm, one of the most respected corporate brands in the world," Illinois Director of Athletics Mike Thomas said. "State Farm has been an outstanding partner for the University of Illinois for more than two decades, and this agreement will carry that partnership forward for at least three more. The Assembly Hall is one of the most recognizable structures in the nation and, at 50 years of age, has served the UI campus, community and Central Illinois very well. This agreement will ensure State Farm Center will serve those same constituents, and even more, for many years to come."