formerNamingRightsHolder

Given a predicate that represents a relationship or action between entities, generate a one-sentence description explaining its meaning.  
# Instructions
Focus on describing the relationship, not the entities themselves. 
# Response Format
Begin the description with \' Indicates...\'

Predicate: formerNamingRightsHolder

Indicates that an entity previously held, but no longer holds, the naming rights to another entity (such as a venue, event, or organization).