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.

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."

Rocket Mortgage FieldHouse, the iconic home of the NBA’s Cleveland Cavaliers, AHL Cleveland Monsters and a premier venue for national and international tours, is rebranding to Rocket Arena.

Rocket Mortgage FieldHouse, the long-time arena of the NBA's Cleveland Cavaliers and AHL's Cleveland Monsters, is rebranding to Rocket Arena.

Rocket Mortgage FieldHouse, the home of the Cleveland Cavaliers and Cleveland Monsters, is rebranding as Rocket Arena.

The home of the Cleveland Cavaliers is getting a new, shorter name. State of play: As of today, Rocket Mortgage FieldHouse is now "Rocket Arena." The big picture: Dan Gilbert owns both the Cavaliers and the collection of mortgage,