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Toyota Center
Toyota Center is an indoor arena located in Houston. It is named after the Japanese automobile manufacturer Toyota. The arena is home to the Houston Rockets of the National Basketball Association (NBA), and it was once the home of the Houston Aeros of the American Hockey League (AHL), and the Houston Comets of the Women's National Basketball Association (WNBA). Rockets owner Leslie Alexander first began to request a new arena in 1995 and attempted to release the Rockets from their lease at The Summit, which ran until 2003. However, he was denied by arena owner Chuck Watson, then-owner of the Aeros, who also wanted control of a new arena. The two sides agreed to equal control over an arena in a deal signed in 1997, but the proposal was rejected by city voters in a 1999 referendum. It was not until the city and the Rockets signed an amended agreement in 2001, excluding the Aeros, that the proposal was accepted. Construction began in July 2001, and the new arena was officiall ...
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Toyota Center Entr
is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year. The company was originally founded as a spinoff of Toyota Industries, a machine maker started by Sakichi Toyoda, Kiichiro's father. Both companies are now part of the Toyota Group, one of the largest conglomerates in the world. While still a department of Toyota Industries, the company developed its first product, the Type A engine in 1934 and its first passenger car in 1936, the Toyota AA. After World War II, Toyota benefited from Japan's alliance with the United States to learn from American automakers and other companies, which would give rise to The Toyota Way (a management philosophy) and the Toyota Production System (a lean manufacturing practice) that would transform the small company into a leader in the ...
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The Summit (Houston)
The Lakewood Church Central Campus is the main facility of Lakewood Church, a megachurch in Houston, Texas, five miles southwest of Downtown Houston and next to Greenway Plaza. From 1975 to 2003 the building served as a multi-purpose sports arena for professional teams, notably the NBA's Houston Rockets. It was known as The Summit until 1998, when technology firm Compaq bought naming rights and dubbed it Compaq Center. That name was dropped when Toyota Center opened as a new and more advanced professional sports venue in the same city, and the building was leased to Lakewood Church. Seven years later, in 2010, the church bought the building outright. Construction of The Summit In 1971, the National Basketball Association's San Diego Rockets were purchased by new ownership group Texas Sports Investments, who moved the franchise to Houston. The city, however, lacked an indoor arena suitable to host a major sports franchise. The largest arena in the city at the time was 34-year-o ...
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Expansion Team
An expansion team is a new team in a sports league, usually from a city that has not hosted a team in that league before, formed with the intention of satisfying the demand for a local team from a population in a new area. Sporting leagues also hope that the expansion of their competition will grow the popularity of the sport generally. The term is most commonly used in reference to the North American major professional sports leagues but is applied to sports leagues in other countries with a closed franchise system of league membership. The term refers to the expansion of the sport into new areas. The addition of an expansion team sometimes results in the payment of an expansion fee to the league by the new team and an expansion draft to populate the new roster. Reasons for expansion In North America, expansion often takes place in response to population growth and geographic shifts of population. Such demographic change results in financial opportunities to engage with the n ...
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National Hockey League
The National Hockey League (NHL; french: Ligue nationale de hockey—LNH, ) is a professional ice hockey league in North America comprising 32 teams—25 in the United States and 7 in Canada. It is considered to be the top ranked professional ice hockey league in the world, and is one of the four major professional sports leagues in the United States and Canada. The Stanley Cup, the oldest professional sports trophy in North America, is awarded annually to the league playoff champion at the end of each season. The NHL is the fifth-wealthiest professional sport league in the world by revenue, after the National Football League (NFL), Major League Baseball (MLB), the National Basketball Association (NBA), and the English Premier League (EPL). The National Hockey League was organized at the Windsor Hotel in Montreal on November 26, 1917, after the suspension of operations of its predecessor organization, the National Hockey Association (NHA), which had been founded in 1909 i ...
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George W
George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party, Bush family, and son of the 41st president George H. W. Bush, he previously served as the 46th governor of Texas from 1995 to 2000. While in his twenties, Bush flew warplanes in the Texas Air National Guard. After graduating from Harvard Business School in 1975, he worked in the oil industry. In 1978, Bush unsuccessfully ran for the House of Representatives. He later co-owned the Texas Rangers of Major League Baseball before he was elected governor of Texas in 1994. As governor, Bush successfully sponsored legislation for tort reform, increased education funding, set higher standards for schools, and reformed the criminal justice system. He also helped make Texas the leading producer of wind powered electricity in the nation. In the 2000 presidential election, Bush defeated Democratic incum ...
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Bob Lanier (politician)
Robert Clayton Lanier (March 10, 1925 – December 20, 2014) was an American businessman and politician. He served as mayor of the city of Houston, Texas, from 1992 to 1998. At the time of his death, he was Houston's oldest living mayor. Background Born to working class parents in the refinery town of Baytown, Texas, in 1925, Lanier was a child of the Great Depression who was greatly influenced by Franklin Delano Roosevelt’s policies. Lanier worked while attending college and started his career as a ''summa cum laude'' graduate from the University of Texas Law School in 1949. Initially employed by Baker & Botts law firm, Lanier practiced for a decade before switching gears to pursue a business career. During that business career he worked in banking and eventually established himself as a major Houston real estate developer, focusing mostly on subdivisions and apartments. Political career In 1983, Governor Mark White appointed Lanier to the Texas Highway Commission, where ...
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Lakewood Church Central Campus
The Lakewood Church Central Campus is the main facility of Lakewood Church, a megachurch in Houston, Texas, five miles southwest of Downtown Houston and next to Greenway Plaza. From 1975 to 2003 the building served as a multi-purpose sports arena for professional teams, notably the NBA's Houston Rockets. It was known as The Summit until 1998, when technology firm Compaq bought naming rights and dubbed it Compaq Center. That name was dropped when Toyota Center opened as a new and more advanced professional sports venue in the same city, and the building was leased to Lakewood Church. Seven years later, in 2010, the church bought the building outright. Construction of The Summit In 1971, the National Basketball Association's San Diego Rockets were purchased by new ownership group Texas Sports Investments, who moved the franchise to Houston. The city, however, lacked an indoor arena suitable to host a major sports franchise. The largest arena in the city at the time was 34-year-o ...
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Texas House Of Representatives
The Texas House of Representatives is the lower house of the bicameral Texas Legislature. It consists of 150 members who are elected from single-member districts for two-year terms. As of the 2010 United States census, each member represents about 167,637 people. There are no Term limits in the United States, term limits. The House meets at the Texas State Capitol, State Capitol in Austin, Texas, Austin. Leadership The Speaker of the Texas House of Representatives, Speaker of the House is the presiding officer and highest-ranking member of the House. The Speaker's duties include maintaining order within the House, recognizing members during debate, ruling on procedural matters, appointing members to the various #Committees, committees and sending bills for committee review. The Speaker pro tempore is primarily a ceremonial position, but does, by long-standing tradition, preside over the House during its consideration of local and consent bills. Unlike other State legislature ( ...
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Houston Chronicle
The ''Houston Chronicle'' is the largest daily newspaper in Houston, Texas, United States. , it is the third-largest newspaper by Sunday circulation in the United States, behind only ''The New York Times'' and the ''Los Angeles Times''. With its 1995 buy-out of long-time rival the ''Houston Post'', the ''Chronicle'' became Houston's newspaper of record. The ''Houston Chronicle'' is the largest daily paper owned and operated by the Hearst Corporation, a privately held multinational corporate media conglomerate with $10 billion in revenues. The paper employs nearly 2,000 people, including approximately 300 journalists, editors, and photographers. The ''Chronicle'' has bureaus in Washington, D.C. and Austin. It reports that its web site averages 125 million page views per month. The publication serves as the " newspaper of record" of the Houston area. Previously headquartered in the Houston Chronicle Building at 801 Texas Avenue, Downtown Houston, the ''Houston Chronicle'' i ...
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State And Local Government Taxation In The United States
The United States of America has separate federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales, capital gains, dividends, imports, estates and gifts, as well as various fees. In 2020, taxes collected by federal, state, and local governments amounted to 25.5% of GDP, below the OECD average of 33.5% of GDP. The United States had the seventh-lowest tax revenue-to-GDP ratio among OECD countries in 2020, with a higher ratio than Mexico, Colombia, Chile, Ireland, Costa Rica, and Turkey. Taxes fall much more heavily on labor income than on capital income. Divergent taxes and subsidies for different forms of income and spending can also constitute a form of indirect taxation of some activities over others. For example, individual spending on higher education can be said to be "taxed" at a high rate, compared to other forms of personal expenditure which are formally recognized as investments. Taxes are imp ...
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Toyota Center Game 7 2018 Playoffs
is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year. The company was originally founded as a spinoff of Toyota Industries, a machine maker started by Sakichi Toyoda, Kiichiro's father. Both companies are now part of the Toyota Group, one of the largest conglomerates in the world. While still a department of Toyota Industries, the company developed its first product, the Type A engine in 1934 and its first passenger car in 1936, the Toyota AA. After World War II, Toyota benefited from Japan's alliance with the United States to learn from American automakers and other companies, which would give rise to The Toyota Way (a management philosophy) and the Toyota Production System (a lean manufacturing practice) that would transform the small company into a leader in the ...
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