The Katz Group, as per the contract with the city, gets all revenue from the naming rights.

"Rogers Place will be one of the most technologically enabled stadiums in North America," said Rogers Communications marketing officer John Boynton.

Rogers Place is set to open its doors for the 2016 NHL season.

"This is a great day for Edmonton's downtown and our city," said Edmonton Mayor Don Iveson. "Rogers Place will become a beacon in our downtown, one that will foster a new sense of energy that will further attract development and investment in the heart of our city."

Rogers also owns the naming rights to Rogers Centre stadium in Toronto and Rogers Arena in Vancouver