The following chart looks at the San Jose Arena, the
venue of this weekend's NHL All-Star game (THE DAILY).
ARENA: San Jose Arena. Opened: September, '93.
TENANTS: Sharks, CISL Grizzlies, RHI Rhinos, AFL SaberCats.
OWNERSHIP: City of San Jose.
MANAGEMENT: San Jose Arena Management LP.
COST: $167.5M -- $132.5M funded by city of San Jose,
$35M funded by San Jose Arena Management.
CAPACITY: 17,442 for hockey.
LUXURY SUITES: 64 suites: 43 on the upper Penthouse level and 21
on the concourse level.
CLUB SEATING: 3,413 seats in the first 16 rows of the arena.
TICKET PRICES: Range of $15-45. Club seats sell for $63 and $73.
ADVERTISING: Rights owned by the Sharks.
CONCESSIONS: Aramark. Revenues kept by Arena Management.
PARKING: 1,800 spaces on site. 8,000 spaces within walking
distance. Parking costs $7 and $10. Revenue of
managed spaces kept by Arena Management.
LEASE: 30-year agreement.
RENT: $500,000 per year, fixed for years 1-6,
on top of revenue share defined below. Fixed
fee goes up $100,000 per year for years 7-10.
RENOVATIONS: For this season, $7M by San Jose Arena Management
and Sharks towards new video screens, improved
concession stands, Penthouse Plaza and Penthouse
Terrace facilities, as well as a new meeting room.
REVENUE NOTE: San Jose Arena Management company keeps all
revenues and pays the city a share of revenues as
rent, approximately $1M in '95. Revenue share
includes 20% of the luxury suite net revenue, a
share of parking revenue, a share of hockey gross
ticket revenue beginning in the 11th hockey
season, and a share of any naming net revenues.
ADVERTISERS: DASHERBOARDS: Adobe Systems, Cellular One,
Chevron, Columbia Bay Area Health, Fry's
Electronic, KFRC, Miller Brewing Co., Orchard
Supply Hardware, PepsiCo, Round Table Pizza,
Seagate Software, Sony PlayStation, Southwest Air,
SportsChannel, Sun Microsystems, US WEB,
Volkswagen. IN-ICE: Baby Ruth, Fry's Electronics.
BENCH/PENALTY BOX: Office Depot, Columbia Bay
Health. ZAMBONI: Miller Genuine Draft
(Source: The Sharks and S.J. Arena Mgmt. Co.)
