Allianz's past ties with Nazis led to widespread criticism; teams still negotiating
NEWARK, N.J. -- The New York Giants and New York Jets have canceled negotiations on stadium naming rights with a German insurance company that once had ties to the Nazis.
Allianz had been seeking a deal to put its name on the stadium being built by both teams in the Meadowlands.
The deal could have been worth an estimated $30 million a year. The stadium is scheduled to be completed for the 2010 season.
Allianz once insured Nazi death camps and refused to pay life insurance claims ...
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