Cal Poly trying to rid Moriarty’s name from football scoreboard
September 1, 2014
A bankruptcy judge may soon decide whether the scoreboard at Cal Poly’s football stadium will display the name of a convicted felon at upcoming home games. [Tribune]
The university recently filed a motion in bankruptcy court requesting that a judge give the school permission to remove “Moriarty Enterprises” from the football scoreboard. A hearing on the motion is scheduled for Sept. 19, which is one day before Cal Poly’s first home football game of the 2014 season.
Former owner of Moriarty Enterprises, Al Moriarty, pleaded guilty last month to seven felonies stemming from a Ponzi scheme he committed. Moriarty’s investors are believed to have lost about $22 million as a result of the scheme.
In 2009, Moriarty paid $625,000 for the naming rights to Cal Poly’s then-new video scoreboard. Since Moriarty later filed for bankruptcy, the naming rights were transferred to a bankruptcy trustee.
Prior to the home opener, Cal Poly would like to replace Moriarty’s name with “#Cal Poly” or “Go Cal Poly,” court documents indicate.