New Orleans Pelicans President Dennis Lauscha said they are actively trying to secure a naming rights deal for the New Orleans Arena and several companies have expressed interest.

Lauscha gave an update of the team’s business-related matters during an interactive conference call with season-ticket holders earlier this week.

`` We have a handful of companies that have expressed interest and we’re pursuing them,’’ said Lauscha, who did not disclose the names of the companies. ``We hope that we can eventually and very soon come to an agreement with one of those companies and we hope that we can have a naming rights agreement for our arena.’’

Lauscha said the best thing they have going is the Arena is undergoing renovations that will include improved new club locations, an internal bandstand/bar area, suite renovations, interior club renovations, as well as the creation of exterior club space, expansion of the existing Capital One Club as well as the popular Hub Club, a new V-VIP area and entrance, as well as a limited access Chairman's Club and a new lobby, giving the building a main entrance.

Interior building renovations will come in the first phase and are expected to be completed before the start of the 2013-14 season, while exterior work is expected to be finished by the start of the 2014-15 season.