Source: Raiders Stadium Will Cost $200M Less Golden Knights' Practice Facility To Be Top-Flight St. Louis MLS Investors Hopeful Funding Vote Passes Georgia State Updates Turner Field Construction Rays' Ballpark Site Search Still Complicated Braves Will Help Fans With SunTrust Traffic Raiders' Vegas Stadium Financing Remains Complicated Sacramento, Kings To Refinance '97 Arena Loan Facility Notes Proposal Made To Lift Crandon Park Restrictions
STATE OF THE ARENAS: REMEMBER THE ALAMODOME
Published April 5, 1995
The Alamodome recently welcomed a new CFL tenant. The team, to be called the San Antonio Texans, will join the Spurs in the two-year-old dome. The Spurs moved to the city-owned facility from the Hemisfair Arena in 1993. The basketball capacity of up to 35,000 has allowed the Spurs to rank third in the NBA in attendance this year at 21,949 a game. The facility will host the '96 NBA All-Star Game. STADIUM: The Alamodome TENANTS: NBA Spurs, CFL Texans. AGE: Opened May 15, 1993. OWNERSHIP: Owned by the City of San Antonio. MANAGEMENT: Managed by the City of San Antonio. COST: $186 million -- The city raised the funds through a 1/2 cent sales tax. CAPACITY: 21,372-35,500 for basketball, 65,000 for football. LUXURY SEATS: 38 luxury suites that seat 12-16 people. The Spurs market 34 of the suites, the Alamodome markets the other four. NAMING RIGHTS: No plans to sell naming rights. CONCESSIONS: ARAMARK Services manages the concessions. Spurs receive 60% of food and beverage sales and receive 85% of souvenir sales (gross income). City receives remaining income. ADVERTISING: Spurs control advertising, city receives $275,000 annually (proposed for '95). PARKING: City owns and manages parking lots at the Alamodome. Spurs lease all available spaces for games at $50,000 annually. Texans will receive 100% of revenue from parking. GAME-DAY: Event staff paid for by Spurs and Texans. LEASE: The Spurs are in 10-year agreement. MAINTENANCE: City is responsible for maintenance, paid through renewal and improvement fund. RENT: Spurs pay $270,000 for office/sports club/ restaurant rental; $205,000/game day rental minimum per season; City receives 6% of gross ticket sales. (Sources: SAN ANTONIO EXPRESS NEWS (Feb. 10), and Janet Vasquez, public information officer of the Alamodome).