Kinney Shoes - Failure Museum

Kinney Shoes

From 1894 to 1998, Kinney Shoes peaked at 467 stores was the largest family chain shoe retailer in the United States. Specializing in reasonably priced shoes, it spun out Foot Locker in 1974 and had a partnership with the NBA.

MCI Center - Failure Museum

MCI Center

In 2006, Verizon purchased MCI and changed the name of the arena to Verizon Center after 9 years as MCI Center. Now it's called Capital One Arena and is the home arena for the Washington Wizards, Washington Capitals, and Georgetown University's men ...

Chesapeake Energy Arena - Failure Museum

Chesapeake Energy Arena

In 2021, Chesapeake Energy terminated its 12 year arena naming rights agreement with the Oklahoma Thunder two years early leading to the new name of Paycom Center. In 2020, the company filed for bankruptcy protection with $7 billion in debt.

Wachovia Center - Failure Museum

Wachovia Center

In 2010, Wachovia Center changed the name of the 21,000-seat home of the Flyers and 76ers to the Wells Fargo Center. Exposed to risky loans, such as adjustable rate mortgages, Wachovia began to experience heavy losses in its loan portfolios durin ...

FTX Arena - Failure Museum

FTX Arena

In March 2021, FTX acquired the naming rights to Miami Heat's arena in a $135 million, 19-year agreement. As part of the 2022 bankruptcy of FTX, the naming rights agreement was terminated effective January 2023 and is now named Kaseya Center. FT ...

Sacramento Monarchs - Failure Museum

Sacramento Monarchs

The Sacramento Monarchs were one of the WNBA’s eight original franchises and remain the only professional sports teams to win a championship in Sacramento.  During their time in Sacramento, the Monarchs were one of the league’s most successful ...

Joe Barry Carroll - Failure Museum

Joe Barry Carroll

In 1980, the Joe Barry Carroll trade was one the most lopsided trades in NBA history. The Warriors traded two future Hall of Famers, Robert Parish and Kevin McHale, for Joe Barry Carroll. Joe got the nickname "Joe Barely Cares," while the Celtics ...

Buffalo Braves - Failure Museum

Buffalo Braves

The Braves were one of three NBA expansion franchises in the 1970-71 season. However, a series of missteps resulted in the league taking control of the team before it even played a preseason game. In 1978 the team became the San Diego Cli ...

Sam Bowie - Failure Museum

Sam Bowie

In 1984, Portland drafted Sam Bowie ahead of Michael Jordan and Charles Barkley. Portland management was told by Bob Knight, who had just coached Jordan on the Olympic team, that they should draft Jordan no matter what.  They went with their g ...