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The pact covers a sign package throughout the arena's footprint, including a spot on the outdoor marquee.
Charles Wang became co-owner of the New York Islanders in 2000 for $187.5 million. The Islanders acquired the Sound Tigers in 2004 for an undisclosed sum.
The terms of the partnership were not disclosed, nor was there an announcement of a schedule of specific events.
Owner Joe Ladecky called for the city to reconsider the project, adding that â€œif the city accepts the proposal, the Sound Tigers will be forced to exercise all of their rights under the operating agreement.â€
The NHL lockout hasnâ€™t stopped the Islandersâ€™ lower-division affiliate, the Bridgeport Sound Tigers, and the rest of the American Hockey League (AHL) from dropping the puck on what league executives expect to be a banner season.