The source says that Quicken Loans Arena will be renamed Rocket Mortgage FieldHouse

CLEVELAND- A source in the league told FOX 8 News on Monday night that it will be renamed Quicken Loans Arena. According to reports, it will become Rocket Mortgage FieldHouse, according to the source.

Early Monday in a press release, Quicken Loans said a "big announcement about the future of the Q" will be held on Tuesday afternoon.

Cavaliers President Dan Gilbert, Cleveland Mayor Frank Jackson and Cuyahoga County Executive Armond Budish are among those present at Tuesday's press conference.

Stay with FOX 8 News and to get the latest on this.

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