below the arena provides access to MARTA public transportation. Amsterdam-based technology company Philips purchased the initial naming rights to the arena in February 1999 for $185 million over 20 years. In February 2018, it was reported that Philips would not renew its naming rights agreement for the arena when it expired in June 2019, primarily due to Philips' withdrawal from the consumer electronics market in 2013. On August 29, 2018, State Farm purchased the naming rights to the arena, in a 20-year deal that cost $175 million. For the 2007–2008 season, State Farm Arena utilized the new "see-through" shot clock units which allow spectators seated behind the basket to see the action without having the clocks interfere with their view, joining FedExForum, Wells Fargo Center, TD Garden, United Center, Footprint Center and the Spectrum Center. Video advertising panels replaced the traditional scrolling panels. Banners Atlanta Hawks Title banners 1958 NBA championship 1970 Western Division Champions 1980, 1987, 1994 Central Division Champions 2015 Southeast Division Champions Atlanta Dream 2010, 2011, 2013 Eastern Conference Champions Atlanta Thrashers (1999–2011) 2006–07 Southeast Division Champions Widespread Panic 20 Sold Out Shows; 1999–2013 Started 1999 Ended 2013 History During the late 1980s and early 1990s, many cities started building new state-of-the-art sporting venues for their NBA and/or NHL franchises, or in hopes of attaining one. Many of these arenas had modern amenities for their high-end customers, such as luxury boxes, club seats, and large, posh club-level concourses; some even had practice facilities on-site. These attractions were rarely found in arenas constructed in the early 1970s, when the Omni Coliseum was built. However, it was likely that the Omni would have had to be replaced in any event. It had been built using Cor-Ten weathering steel that was intended to seal itself, ensuring it would last for decades. However, the Omni's designers didn't account for Atlanta's humid climate. The Cor-Ten steel never stopped rusting, causing the arena to deteriorate faster than anticipated. Ted Turner, owner of the Hawks at the time, wanted to bring the NHL back to Atlanta; the city's first NHL team, the Atlanta Flames, had moved to Calgary in 1980. However, the NHL determined that the Omni was not suitable even as a temporary facility due to its structural problems and lack of amenities. The league told Turner that it would only grant an expansion team on condition that a new arena be in