New Mexico State University has reached a deal to give up the naming rights of the Pan American Center. The agreement is with White Sands Federal Credit Union and is worth $13 million. The university's Board of Regents unanimously approved the deal, which will last for 10 years.

The deal was approved during a scheduled meeting. Further details about the agreement are available from the source.

The renaming of the Pan American Center is the result of this multi-million dollar deal, though additional information about the new name is not provided here.