BOB will get to see its eighth birthday after all. JPMorgan Chase & Co., which added Bank One to its portfolio in a business acquisition last summer, has delayed plans to switch over all its Arizona holdings to the parent “Chase'' name until the fall of 2005.
That means the home of the Arizona Diamondbacks will remain Bank One Ballpark, as it has been since the team was born in 1998, for one final season in 2005.
JPMorgan has yet to announce the new name of the stadium, but sources indicate “Chase Field'' has emerged as the No. 1 contender.
Diamondbacks president Rich Dozer said the announcement is a relief to the team, since the new logo and color scheme has not been nailed down and Opening Day in April isn't that far away.
“You won't believe how tough it would be to change all the logos on all the sites inside and outside the park, not to mention our worker uniforms and things like that,'' Dozer said. “We would have made it work if that was the call, but when we got the news (Monday), there was a little relief here, too.''
JPMorgan expected to change its Bank One properties over to Chase early next year, but has decided to push back that plan so that all Arizona acquisitions — including the naming rights to the park — can switch over simultaneously.
“We'll be able to give the BOB name a nice send-off and start fresh in 2006,'' Dozer said.