Rocket Mortgage FieldHouse, which hosts the Cavaliers and the AHL Cleveland Monsters, has changed its name. The venue — which also hosts high profile concerts and other events such as the Mid-American Conference basketball tournament — is rebranding as "Rocket Arena."

For the second consecutive year, a major sports venue in Cleveland is getting a new name. Rocket Mortgage FieldHouse has been renamed Rocket Arena to better reflect the umbrella-like positioning for Cleveland Cavaliers owner Dan Gilbert’s business ventures.

The home of the Cleveland Cavaliers and the Cleveland Monsters will now be known as Rocket Arena, a reflection of Cavs owner Dan Gilbert’s companies in real estate, mortgage and finance that have rebranded under the name “Rocket.