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STATE OF THE ARENA: BRENDAN BYRNE ARENA, E. RUTHERFORD, NJ
Published March 31, 1995
Brendan Byrne Arena, located alongside Giants Stadium, will host next year's Final Four. The arena attracted the Devils and the Nets soon after it was built. However, there has been recent speculation that the devils could move. The arena is owned an operated by the NJ Sports and Exposition Authority, which doesn't allow each team the greatest opportunity for arena revenues. ARENA: Brendan Byrne Arena, E. Rutherford, NJ TENANTS: NJ Nets, NJ Devils AGE: Opened in 1981 OWNERSHIP: Owned and operated by the NJ Sports and Exposition Authority (NJSEA), an independent agency with 13 commissioners, 9 appointed by the governor. MANAGEMENT: Managed by NJSEA, along with Giants Stadium, the Meadowlands race track and other sports facilities COST: Approximately $85M to build. Paid for through bonds issued by the NJSEA. CAPACITY: 20,149 for basketball, 19,023 for hockey. LUXURY SEATS: 29 suites that seat 20-30. The NJSEA is the primary beneficiary of luxury box revenue. NAMING RIGHTS: The sale of naming rights has been considered and remains a possibility, although there are no plans CONCESSIONS: Managed by ARAMARK. Included inside the facility: a restaurant, and 15+ concessions stands. ADVERTISING: The Nets and Devils are responsible for signage unique to their gameday operations, from which they receive revenue. The NJSEA is responsible for a majority of the signage throughout the facility. Revenue figures not available for remaining advertising. PARKING: 4,000 in immediate vicinity, additional 22,000 across route 120. Revenue figures not disclosed. GAME-DAY: NJSEA is responsible. LEASE: Devils through 2001-2; Nets until 2000-01. MAINTENANCE: NJSEA RENT: Figures not available. (Source: John Samerjan, Dir of Public Affairs for the Byrne Meadowlands Arena)